DBS Exec to Lead Carbon Credits Exchange

07:27am, Wednesday, 17'th Nov 2021 Finews Asia
He was most recently DBS'' group chief sustainability officer, responsible for developing the bank''s sustainability framework and driving sustainability initiatives. Climate Impact X (CIX) has announced the appointment of Mikkel Larsen as chief executive officer, effective immediately, according to an announcement on Wednesday. Larsen has been interim CEO of the platform, a joint venture between DBS Bank, Singapore Exchange (SGX), Standard Chartered and Temasek, since May 2021. Before his nine years at DBS, Larsen spent over seven years at UBS, leaving as CFO of Asia-Pacific, and previously held roles at Citibank in London, and KPMG. Environmental Impact In his new role, Larsen will oversee all day-to-day operations for CIX, including collaborating with its ecosystem of technology partners to build up its Project Marketplace and Exchange platforms as well as curating a pipeline of high-quality carbon credit projects to feature on its platforms. He will also drive the company''s culture, values, and behaviour while building up a high-performing team passionate about catalysing scalable sustainable solutions. «The carbon market is going through a transition.
Citi has announced that two longtime executives, Amit Agarwal and Debopama Sen, will serve as co-heads of Citi Treasury and Trade Solutions (TTS) Payments and Receivables, according to a press release emailed to PYMNTS. They will oversee managing profits and losses (P&L), business strategy and risk, product development and more, the release stated. Agarwal previously []

Travel Platform HRS Launches Citi Partnership

12:21am, Wednesday, 17'th Nov 2021 PYMNTS
Corporate hospitality platform HRS has launched a partnership with Citi that will integrate the banks virtual payment product with HRSs booking process, Business Travel News reported Tuesday (Nov. 16). The arrangement will see HRS embed Citis Virtual Card Account into its booking process in 46 markets, including China, India, Russia and Brazil, helping clients automate []
A staff of the Komfo Anokye Teaching Hospital, Awuni Akyeraba, has alleged that the Chief Executive Officer and the Medical Director of the hospital have embezzled COVID-19 funds. He has therefore petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) to probe them. According to his petition, the CEO and the Medical Director cannot account for the funds they received during the height of the COVID-19 pandemic. In an interview with Accra based Citi FM, Mr. Akyeraba alleged that the hospital is currently in dire need of essential equipment to deliver medical care, but the management has chosen to use the funds for personal gains. I want CHRAJ to investigate them for the management to account for the COVID-19 funds, and determine whether the funds were misused. What makes the purchase of the vehicle bite to the quick is that the Medical Director has given his vehicle to the wife, and the wife was involved in an accident with it. That is an abuse of public office, that is my issue, Awuni Akyeraba lamented.
Custodian strengthens tax servicing unit with two senior hires from crosstown rivals. The post BNY Mellon adds to tax servicing team with additions from custody rivals State Street and Citi appeared first on Global Custodian The Leading quarterly magazine covering the international securities services industry .

HRS Partners with Citi to Help Companies Automate Lodging Payments

02:09pm, Tuesday, 16'th Nov 2021 Business Wire
NEW YORK & COLOGNE, Germany--(BUSINESS WIRE)--Building on proven success, HRS & Citi are collaborating to offer lodging + associated payment services to travel programs of Fortune 500 companies.
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the third quarter of 2021 before the market opens on Tuesday, November 30, 2021. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (303) 223-0117. A telephonic replay of the conference call will be available until December 7, 2021, by dialing (402) 977-9140 and entering the passcode, 21998877. The

Risk Management Veteran Joins Payments Firm Aleta Planet

06:47am, Tuesday, 16'th Nov 2021 Finews Asia
The firm is bolstering its fraud and risk management capabilities, citing heightened fraud, money laundering and terrorist financing activities amidst the Covid-19 pandemic. Singapore-headquartered Aleta Planet has hired Daniel Ang as head of risk management with effect from Monday, according to a statement by the fintech startup. Ang has over 30 years of experience in fraud risk management, including developing fraud detection systems, handling investigations into alleged corporate wrongdoings, and writing global policies covering fraud detection, prevention and response. He began his career at the Singapore Police Force''s Criminal Investigation Department and has worked in Singapore and Indonesia for companies like Citibank, Bank Mandiri and Quatrro Risk Management Consulting Services. Reporting to Goi Wang Firn , head of group operations, Ang will develop groupwide risk management policies and procedures, fraud risk strategies and rules, manage fraud reporting, oversee the risk team and train risk mangers, the announcement said.
The California Court of Appeals, Fifth Appellate Division, recently found for defendant Citibank, N.A. ("Citibank") in a dispute over the ownership of property in an unincorporated area of southern California.

Citi opens flagship branch in Manhattan

12:01am, Tuesday, 16'th Nov 2021 Finextra Research
As it opens the doors to a 7000 square foot flagship branch in Manhattan, Citi says it is "doubling down" on its network, despite the rise of digital banking.

Remitly to Present at Citis 2021 FinTech Conference

11:29pm, Monday, 15'th Nov 2021 Intrado Digital Media
SEATTLE, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced that its management team will present at Citis 2021 FinTech Conference.
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