Citi - News, Articles & Research

News

US banks outline IT issues in living wills submissions

US regulators have published details of banks' plans for living wills, including information on how the organisations' IT systems will cope if they are shut down or broken up.

04 July 2012

News

Ex-Citigroup VP gets eight years for $23m embezzlement

Former Citigroup treasurer Gary Foster has been sentenced to just over eight years in jail for embezzling nearly $23 million from the bank.

03 July 2012

News

Citi hires Motorola's Wyatt to lead consumer e-business and mobile tech

Citi has hired former Motorola executive Christy Wyatt to head up its global consumer e-business and mobile technology operations.

29 June 2012

News

Citi establishes apps testing centre in Poland

Citi has opened a 'business testing and parameter centre' in Poland to test banking applications before they are released to consumers in Europe, Middle East and Africa.

26 June 2012

News

Citi and USAID team on developing world mobile money push

Citi has formed a global partnership with the US Agency for International Development (USAID) to boost financial inclusion in developing countries through mobile money technology.

13 June 2012

News

Citi partners LinkedIn to develop professional networking group for women

Citi has launched a 'Professional Women's Network' group on LinkedIn, featuring curated content and moderated discussion for women who want get ahead in the workplace.

30 April 2012

News

Awol soldier duped Citi into handing over Microsoft co-founder's debit card - FBI

An Awol US soldier managed to convince Citi in a conversation over the phone that he was Paul Allen and tricked the bank into sending him a debit card in the Microsoft co-founder's name.

28 March 2012

News

Banks pay $25m to settle New York electronic mortgage system claims

Bank of America, JPMorgan Chase, Wells Fargo, Citi and Ally Financial have agreed to pay a total of $25 million to New York State over their use of the privately-owned national mortgage electronic registry system (Mers).

14 March 2012

News

Apple, Google, Facebook and Amazon to lead m-payments gold-rush?

Technology giants such as Apple, Google, Facebook and Amazon are well positioned to cash in on the upcoming mobile payments bonanza thanks to their reputation for innovation but still have trust and privacy-related hurdles to overcome if they are to convince Americans to pick them over more traditional financial services providers, according to a report from Javelin Strategy & Research.

09 March 2012

News