Citi and International Finance Corp. (IFC), a global development institution that is a member of the World Bank Group, have partnered on a $2 billion...
Citigroup reportedly made repeated breaches of a Federal Reserve rule limiting intercompany transactions. Those breaches led to errors in the banking giant’s internal liquidity reporting, Reuters reported Wednesday...
Change in payments, as in life, happens slowly and then all at once. And as we navigate through 2024, the payments industry is undergoing transformative...
The advent of 21st century technologies, combined with contemporary macroeconomic realities, has transformed enterprise operations. And the greatest beneficiary has been the back office, with...
Treasurers should be on the front lines of keeping their company financially healthy. But how many are in an organization that allows for that? PYMNTS...
T.S. Eliot wrote that the world would end not with a bang but a whimper. It may be the case that the unstoppable wave of...
Get enough data points in place, and you have a trend. As bank earnings have started to roll in — thus far, from JPMorgan, Wells...
Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected...
Citigroup’s earnings results showed a bit of bifurcation in consumer spending, as higher credit scoring individuals continue to use their cards and lower FICO consumers...