NYC Deli Armed Robbery at Deli Flees on Citi Bike
NEW YORK, NY—An armed robbery took place at a deli located at 705 2nd Avenue on Sunday morning. A 22-year-old male employee reported that an … Read more
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Citi, BofA left with some Barclays stock after Qatari stake sale –sources
By Pablo Mayo Cerqueiro and Anousha Sakoui LONDON (Reuters) – Citigroup and Bank of America were left holding some shares in Barclays after they could … Read more
U.S. watchdog moves to block ‘debt mill’ working for Citi, Discover
(Reuters) – The Consumer Financial Protection Bureau moved to stop a New York law firm it said was acting as a high-volume debt collection service … Read more
Exclusive: Citi, Raiffeisen, other foreign banks seek staff in Russia as they struggle to exit
MOSCOW – Russian divisions of foreign banks, such as Citi and Raiffeisen Bank International, have started looking for staff this month after Russian authorities moved … Read more
Citi, Goldman, BofA in talks with regulators over texting fine – Bloomberg
(Reuters) – Citigroup, Goldman Sachs and Bank of America are in discussions with regulators to pay around $200 million each in fines over failing to … Read more
UK food price inflation set to hit 20%, Citi forecasts
LONDON – British food price inflation looks on course to hit 20% in the first quarter of next year, U.S. bank Citi predicted on Wednesday … Read more
Citi in talks to buy Deutsche Bank Mexico – Bloomberg Law
(Reuters) – Citigroup Inc is weighing a deal to buy Deutsche Bank AG’s Mexican bank, Bloomberg Law reported on Tuesday, citing people familiar with the … Read more
Citi promotes Asia-based banker Valderrabano as global wealth COO
By Selena Li HONG KONG – Citi has appointed Valentin Valderrabano as its new chief operating officer (COO) for Citi Global Wealth, effective in July, … Read more
Citi, UK’s BII agree $100 million risk-sharing lending deal for Africa
LONDON -British International Investment (BII) and U.S. bank Citigroup Inc have signed a $100 million risk-sharing facility aimed at boosting lending to small businesses across … Read more
UniCredit, Citi consider swapping assets with Russian institutions – FT
(Reuters) – UniCredit SpA and Citigroup are exploring asset swaps with Russian financial institutions as western banks trying to avoid heavy writedowns as they exit … Read more
FedEx has ‘lucrative backdoor’ to bigger role in e-commerce, says Citi
(Reuters) – FedEx Corp can boost its profit by $1 billion annually if the delivery giant leverages its ShopRunner buyout and its partnership with Microsoft … Read more
Citi names M&A specialists to lead Australia, New Zealand advisory unit
(Reuters) – Citigroup Inc on Monday named Tony Osmond as chair of its Banking, Capital Markets and Advisory (BCMA) unit in Australia and New Zealand, … Read more
Citi expects revenue in Brazil to grow 50% over the next 3 years
SAO PAULO – Citigroup Inc expects its revenue in Brazil to grow 50% over the next three years, the chief executive of its local unit … Read more
BoFA, Citi expect multiple 50-bps Fed hikes this year as inflation bites
LONDON/NEW YORK – Bank of America (BofA) and Citi have joined a small but growing number of top investment banks calling for more aggressive interest … Read more
Citi global co-head of markets Lathrop to depart
NEW YORK – Citigroup Inc said on Thursday in a memo that Carey Lathrop, global co-head of markets, will leave the bank and Andy Morton, … Read more
Banorte wants to lead Mexicans to ‘recover’ Citi unit, if sale conditions are favorable
MEXICO CITY – Mexican banking institution Banorte will invite Mexicans to “recover” Citigroup’s retail unit in the country, which is set to go up for … Read more
Citi plans 900 hires for commercial bank over next three years
– Citigroup Inc said on Monday its unit Citi Commercial Bank (CCB) will hire 900 staffers, including 400 commercial bankers, over the next three years … Read more
U.S. SEC investigates Citi over unapproved employee communications
– Citigroup became the latest bank to be probed by the U.S. Securities and Exchange Commission in an industry-wide enquiry over employees using communication channels … Read more