Citi

Citi Expects Mild Recession in US in Second Half of 2023
Citi Expects Mild Recession in US in Second Half of 2023
January 13, 2023  |  Earnings

Citi sees a macroeconomic environment that is better than expected in the new year. This is being driven by warmer weather easing the stress on...

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Global Growth Creates Compliance Challenge for Digital Brands
Global Growth Creates Compliance Challenge for Digital Brands
December 15, 2022  |  Cross-border Payments

The digital economy’s capacity to operate in real time across international borders can add layers of complexity to businesses’ commercial opportunities. Digital businesses can launch...

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Versana Launches Syndicated Loan Platform
Versana Launches Syndicated Loan Platform
December 13, 2022  |  Loans

Versana has launched an industry-backed syndicated loan platform. By digitally capturing agent banks’ deal data on a real-time basis, this centralized solution connects banks, institutional...

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Investment Bank Layoffs Hit Europe’s Financial Centers
Investment Bank Layoffs Hit Europe’s Financial Centers
December 13, 2022  |  Personnel

U.S. bank Citi is the latest investment bank to axe staff in Europe. Joining the likes of Deutsche Bank and Credit Suisse, Reuters reported earlier...

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NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
December 07, 2022  |  CBDC

A group of large banks is preparing to test a shared digital asset settlement platform. According to the announcement, the study is set to take...

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JPMorgan, Citi and Others Keep Russia Ties Open at US Request
JPMorgan, Citi and Others Keep Russia Ties Open at US Request
November 07, 2022  |  Banking

Aiming to keep money flowing in the global economy even as it enforces sanctions against some Russian targets, the United States federal government has reportedly...

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The Four Growth Missions at the Heart of Treasury Transformation
The Four Growth Missions at the Heart of Treasury Transformation
November 01, 2022  |  B2B Payments

From back office automation to company transformation. Amit Agarwal and Debopama Sen, global co-heads of payments, Citi Treasury and Trade Solutions, told Karen Webster that...

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Citi Unveils Integrated Payments and Billing Platform
Citi Unveils Integrated Payments and Billing Platform
October 24, 2022  |  Banking

Citi says it has integrated its Spring eCommerce and B2B digital payments services with Present and Pay, its electronic bill present platform. According to a...

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Citi Adds Walmart as Latest ‘Shop With Points’ Partner
Citi Adds Walmart as Latest ‘Shop With Points’ Partner
October 24, 2022  |  Loyalty & Rewards

With the growth in popularity of credit card rewards programs, Citi has announced that Walmart has been added as a Shop With Points partner for...

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