News

Before Ryan arrived, Citigroup insiders jokingly dubbed the team overseeing its technology the “Verizon Mafia” because it has ...
Segun Agbaje, GTCO’s chief executive, told the Financial Times that a sale launched on Monday would meet a central bank ...
This is an online version of Financial News’s investment banking newsletter. Sign up to receive it in your inbox here.
Citigroup is poised to increase provisions for potential bad loans by hundreds of millions of dollars for the second quarter, in a sign of growing financial stress among US consumers and businesses.
Citigroup’s recent reports offer a roadmap for how financial institutions, businesses, and governments can adapt to a digital ...
Citigroup has reversed its policy restricting banking services to retail clients selling firearms, ending the practice that ...
Citigroup has laid off 3,500 technology staff in mainland China as part of the bank’s push to cut costs and ... The Financial Times and its journalism are subject to a self-regulation regime ...
Last year, Citi had a total of 10 "near misses" of $1 billion or greater, the Financial Times reported. Near misses are when a bank mistakenly credits a customer's account with the wrong amount ...
Citi opened the office in 2022 at the height of a post-pandemic battle for talent in the financial services industry, and at a time when banks were facing criticism for failing to prevent staff ...
Citigroup mistakenly credited one of their customers $81 trillion when it was initially supposed to be $280. According to a report by the Financial Times, the fumble occurred last April after a ...