The credit card market is evolving in a way that rewards the players offering the most perks. Citigroup CEO Jane Fraser is implementing some long-overdue structural streamlining.
(Kitco News) - Citigroup has announced the creation and pilot testing of the blockchain-based Citi Token Services for cash management and trade finance.
Citigroup Chief Client Officer David Livingstone says, “we now have a structure that speaks to our strategy,” as he explains the firm's management changes that will eliminate three regional chief
Banking heavyweights including Goldman Sachs and Morgan Stanley have announced a string of layoffs this year as part of a cost-cutting spree to better position themselves for a murky economic climate.
Citigroup has reportedly begun the layoff process after announcing a management overhaul on Wednesday (Sept. 13). Support staff in compliance and risk management at the bank are expected to be the mo
Citigroup (C) becomes the first digital custodian of BondbloX Bond Exchange platform. This will offer participants wider access to the global bond market.
In July, the Federal Reserve Chair Jerome Powell, states “given the resilience of the economy recently [we] are no longer forecasting a recession.” However, analysts and economists are shifting t
Shares of Citigroup have declined by -15.76% over the past decade, but the company remains interesting with a strong loan-to-deposit ratio and consistent profitability. The banking industry faces chal
Rising oil prices and the cooling vehicle market have one thing in common: cars. Both developments impact vehicle sales and usage.
Author of 'Irrational Fear' on Substack Matthew Wielicki argues the fears of climate protesters stem from world leaders claiming the 'oceans are boiling' on 'The Bottom Line.'
Citigroup Inc (NYSE:C) is reportedly cutting jobs in compliance and risk management as it carries out its biggest reorganisation in two decades.  Conversations are already taking place with staff, i
As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most likely to lose their jobs, according to sources familiar with the situation.
Citigroup (C) simplifies its organization and eliminates extra management layers to make the decision-making process swifter, drive increased accountability and enhance the focus on clients.
Democrats are increasingly split over the issue of tougher bank regulations, as some of the party's lawmakers join their Republican colleagues and bank executives in questioning whether the Federal Re

Aviva Singapore deal impresses analysts at Citi

09:17am, Thursday, 14'th Sep 2023
Aviva's deal to sell its 25.9% stake in Singapore Life for £0.8bn in cash is a good bit of business, according to analysts at Citi. Price represents 2.2 times UT1 (own assets) and 29 times PE based o
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