Citi

Citi Names Barclays Vet James Morris as UK Commercial Banking Head
Citi Names Barclays Vet James Morris as UK Commercial Banking Head
July 15, 2024  |  Personnel

Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected...

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Citigroup’s 3% Branded Card Spend Growth Driven by Higher FICO Consumers
Citigroup’s 3% Branded Card Spend Growth Driven by Higher FICO Consumers
July 12, 2024  |  Earnings

Citigroup’s earnings results showed a bit of bifurcation in consumer spending, as higher credit scoring individuals continue to use their cards and lower FICO consumers...

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Trending: Earnings Season Set to Spotlight Digital Banking
Trending: Earnings Season Set to Spotlight Digital Banking
July 08, 2024  |  Digital Banking

The big banks will kick off earnings season Friday (July 12), as is the case quarter after quarter. In addition to the usual metrics that...

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DEA: Drug Traffickers Found Citi ‘Favorable’ for Money Laundering
DEA: Drug Traffickers Found Citi ‘Favorable’ for Money Laundering
July 01, 2024  |  AML

Federal investigators say drug traffickers laundered money through Citigroup, believing it had looser fraud measures. As the Financial Times (FT) reported Monday (July 1), a...

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Citi Head of Risk Data Peter Cai Leaves Bank
Citi Head of Risk Data Peter Cai Leaves Bank
June 26, 2024  |  Personnel

Citigroup’s head of risk data, analytics, reporting and tech Peter Cai has reportedly become the latest senior executive to leave the bank. Cai’s departure was...

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AI Money: Nvidia Soars, Oracle Invests $1B in Spain
AI Money: Nvidia Soars, Oracle Invests $1B in Spain
June 20, 2024  |  artificial intelligence

In a week of seismic shifts in the tech industry, Nvidia has claimed the title of world’s most valuable company, surpassing a $3 trillion market...

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Citi Sees AI Impacting More Than Half Of All Finance Jobs
Citi Sees AI Impacting More Than Half Of All Finance Jobs
June 19, 2024  |  Personnel

Which industry’s job market will be most impacted by artificial intelligence (AI)? According to a new report by Citi, a little more than half —...

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Citi Adds Real-Time Funding to Treasury Offerings
Citi Adds Real-Time Funding to Treasury Offerings
June 10, 2024  |  Faster Payments

Citi introduced Real-Time Funding (RTF), part of its real-time treasury solutions for corporate customers. “Citi RTF enables the automated movement of funds between cross-border accounts...

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Treasury Management Playbook Dials Up New Cash Flow Strategies
Treasury Management Playbook Dials Up New Cash Flow Strategies
May 31, 2024  |  Risk Management

At a time of higher interest rates and heightened market volatility, actionable insights and forecasting take on greater importance for corporate treasury teams. For example,...

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