Citigroup

Citigroup Taps Jane Fraser To Lead Consumer Banking Division

Citigroup Taps Jane Fraser To Lead Consumer Banking Division
Citigroup Taps Jane Fraser To Lead Consumer Banking Division
October 25, 2019  |  Banking

Citigroup veteran Jane Fraser was named to lead the company’s consumer banking division following an upheaval in the ranks that puts her next in line...

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JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
October 16, 2019  |  Earnings

In third-quarter earnings, credit card results at Citigroup Inc., JPMorgan Chase & Co., and Wells Fargo & Co. were a highlight. Nomura’s Bill Carcache noted...

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Citi’s ‘Unpredictable Q3’ Sees Growth In Treasury Unit
Citi’s ‘Unpredictable Q3’ Sees Growth In Treasury Unit
October 15, 2019  |  Earnings

Citigroup had a flat third quarter but reported year-over-year gains in treasury and trade solutions services for that period. The financial institution, however, beat analysts...

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US Banks Expected To Lose 200K Jobs To Technology
US Banks Expected To Lose 200K Jobs To Technology
October 01, 2019  |  Banking

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a...

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Citi Ups Credit Card Game With No-Interest Credit Transfer
Citi Ups Credit Card Game With No-Interest Credit Transfer
September 06, 2019  |  Debt

Even as the economy in the United States softens, Citigroup has been making a push for credit cards. The company is said to be among...

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Citigroup Fined $1.25M For Background Check Infractions
Citigroup Fined $1.25M For Background Check Infractions
July 29, 2019  |  Regulation

The Financial Industry Regulatory Authority (FINRA) has fined Citigroup’s global markets business $1.25 million for not performing background checks on thousands of non-registered employees for...

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Citigroup Q2 Results Show Boost In Card Spending
Citigroup Q2 Results Show Boost In Card Spending
July 15, 2019  |  Earnings

Citigroup posted Q2 results that topped expectations even as Wall Street-related activity was mixed — but consumer-oriented activity rebounded. Get the Full Story Complete the...

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Citi Looks To Lead In Q2 Earnings
Citi Looks To Lead In Q2 Earnings
July 12, 2019  |  Banking

Companies are beginning to release their second quarter earnings reports, and experts are pointing to Citigroup to outperform in the banking industry. Get the Full...

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Banks, Govs Show Continued Resistance To Facebook’s Libra
Banks, Govs Show Continued Resistance To Facebook’s Libra
July 08, 2019  |  Cryptocurrency

Many traditional banking institutions and governments have shown skepticism, silence and resistance to Facebook’s proposed cryptocurrency Libra, according to reports.  Get the Full Story Complete...

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