Citi

623 results about this entity

Period: 10 Jun 2010 - 11 Dec 2024

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Citi faces $700m bill over illegal credit card practices

The Consumer Financial Protection Bureau (CFPB) has ordered Citibank, N.A. and its subsidiaries to provide an estimated $700 million in relief to eligible consumers harmed by illegal practices related to credit card add-on products and services.

Banks launch IM service to rival Bloomberg

Banks launch IM service to rival Bloomberg

A consortium of Wall Street banks has launched an instant messaging platform it hopes will loosen Bloomberg's vice-like grip on the market for real-time communication between traders.

FCA boss to step down

FCA boss to step down

Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), the UK banking watchdog, has announced his resignation.

Blockchain investor to list in London

Blockchain investor to list in London

A London-based start-up that invests in the technology behind crypto-currency bitcoin is planning to list on London's AIM in what is believed to be the first IPO for a blockchain company.

Industry players team up to create hub for end-to-end margin processing

Thirteen major global banks, ICAP plc and market infrastructures The Depository Trust & Clearing Corporation (DTCC) and Euroclear have joined forces with AcadiaSoft, Inc. to solve a vexing industry problem involving margin flows.

Citi launches New York Mets social media sweepstakes

Citi launches New York Mets social media sweepstakes

Citi is wrapping 50 bicycles in New York Mets colours for a social media sweepstakes, inviting locals to post photos of the bikes on Twitter and Instagram for the chance to win baseball-related prizes.

Citi builds blockchains

Citi builds blockchains

Citi has been exploring distributed ledger technology for years, building three blockchains and creating its own crypto-currency, dubbed Citicoin, the banking giant has told International Business Times.

Citi revamps iPhone app

Citi announced today the release of its completely redesigned Citi Mobile® App for iPhone® in the U.S. The new app for consumer banking and credit card customers enables the use of the Touch ID feature on iPhone devices, integrates with Apple Watch™ and adds new features responding to customer feedback and changing behaviors.

Citi announces top innovations from Emea Mobile Challenge

Today Citi announced the top innovations from the Citi Mobile Challenge in Europe, the Middle East and Africa (EMEA).

Bitcoin startup Xapo adds Wall Street heavyweights to advisory board

Bitcoin startup Xapo adds Wall Street heavyweights to advisory board

Bitcoin startup Xapo has appointed Visa founder Dee Hock, ex-Citibank CEO John Reed, and former US Treasury Secretary Larry Summers to its new advisory board.

Investment banks launch Visible Alpha

Five of the world’s leading investment banks – BofA Merrill Lynch, Citi, Jefferies, Morgan Stanley and UBS – have announced the formation of a new company, Visible Alpha LLC, to create a common language and platform for analysts’ financial models and forecasts.

Lending Club and Citi team on community loans

Lending Club (LC), the world's largest online marketplace connecting borrowers and investors, and Citi (NYSE:C) are launching a pioneering new partnership with Varadero Capital L.P., an alternative management firm focused on specialized credit investments, to facilitate up to $150 million in loans designed to provide more affordable credit to underserved borrowers and communities.

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