Citigroup Banking - Search News

Bank of America weighs credit card with 10% rate

Bank of America, Citi consider new credit cards with 10% rate - report

After President Donald Trump asked Congress to pass legislation to cap credit card interest rates at 10% for a year, two large U.S. banks are considering new products that may address the administration's concerns about affordability,

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Bank of America, Citigroup Consider New Credit Cards With 10% Rate, Bloomberg News Reports

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Bank of America, Citigroup weigh new cards with 10% rate

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BofA considers new credit cards with 10% interest rate, source says

Bank of America (BAC.N) and Citigroup (C.N) are considering options to offer new credit cards with an interest rate of ‌10% to satisfy President Donald Trump's demands, Bloomberg News reported on Thu...

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Trump says he has received calls from credit-card companies

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Trump calls on Congress to enact 10% credit card interest rate cap during speech

The HR Digest

A Team of AI Accelerators at Citi Is Redefining AI Adoption in the Workplace

Citi is relying on its AI accelerators to promote internal AI adoption in the workplace, and the strategy is worth exploring further.

Citi has quietly built a 4,000-person internal AI workforce

Around 4,000 employees globally have volunteered to fan out across their business units as "AI accelerators."

Banking Dive

BofA joins Citi, Wells in projecting lower headcounts this year

Bank of America CEO Brian Moynihan expects his bank’s workforce to shrink as the lender leans into AI. Citi CEO Jane Fraser, meanwhile, said the “bar is raised” for working at the bank.

10don MSN

Citigroup to ax 1,000 jobs this week as part of massive restructuring plan: report

Citigroup is set to cut about 1,000 jobs this week, a source familiar with the matter told Reuters on Monday, as part of a plan announced two years ago to reduce the workforce by 20,000 by the end of this year.