Citigroup

Citigroup to Add 4,000 Tech Workers to Move Clients Online

Citigroup to Add 4,000 Tech Workers to Move Clients Online
Citigroup to Add 4,000 Tech Workers to Move Clients Online
June 06, 2022  |  Digital-First Banking

Citigroup said Monday (June 6) it plans to hire more than 4,000 people to join its tech team to help move institutional clients online following...

READ MORE >
Citigroup Temporarily Halts SPACs Awaiting Legal Clarity
Citigroup Temporarily Halts SPACs Awaiting Legal Clarity
April 05, 2022  |  SPAC

Citigroup is temporarily pulling the plug on public offerings with special purpose acquisition companies (SPACs) until it gets legal clarity about proposed legislation and what...

READ MORE >
CE100™ Loses 13.6% in 1Q 2022
CE100™ Loses 13.6% in 1Q 2022
April 04, 2022  |  Connected Economy

There’s no way to sugarcoat it. To boil down the performance of the CE100™ Index, one word would suffice: underperformance. Get the Full Story Complete...

READ MORE >
Citigroup Launches Three-Phase Plan to Overhaul Operations and Returns
Citigroup Launches Three-Phase Plan to Overhaul Operations and Returns
March 02, 2022  |  Banking

Citigroup executives Wednesday (March 2) unveiled a three-phase plan they say will streamline the banking conglomerate’s operations and improve return rates for customers, according to...

READ MORE >
EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth Fine of $5.7M
EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth...
February 28, 2022  |  International

In today’s top Europe, Middle East, and Africa news, Switzerland put neutrality on hold and froze all of Russia’s assets due to the invasion of...

READ MORE >
Citigroup’s Russian Exposure at $5.4B
Citigroup’s Russian Exposure at $5.4B
February 28, 2022  |  International

Citigroup reported Monday (Feb. 28) that its total exposure to Russian assets was at $5.4 billion at the end of December 2021, down from $5.5...

READ MORE >
HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico
HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico
February 23, 2022  |  Banking

HSBC executives, representing one of Mexico’s biggest banks, have told investors that the bank doesn’t want to buy out Citigroup’s consumer bank Banamex, Reuters reported...

READ MORE >
Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
February 11, 2022  |  Legal

Federal prosecutors on Friday (Feb. 11) dropped criminal charges against Citigroup, Deutsche Bank and four senior bankers related to a “significant cartel case” by the...

READ MORE >
Goldman Sachs Sees 13% Drop in Q4 Profits
Goldman Sachs Sees 13% Drop in Q4 Profits
January 18, 2022  |  Earnings

Goldman Sachs saw its profits decline by 13% in the fourth quarter, the banking giant announced Tuesday (Jan. 18). Get the Full Story Complete the...

READ MORE >