Citigroup

Citigroup Trading Revenue Boosts Q2 Results
Citigroup Trading Revenue Boosts Q2 Results
July 14, 2020  |  Earnings

A surge in fixed-income trading revenue amid a roller coaster ride on Wall Street helped Citi turn a profit during a turbulent second quarter, despite...

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Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives
Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives
July 14, 2020  |  Banking

When Citigroup and the International Finance Corp. (IFC) teamed up more than a decade ago, the world remained in the midst of an economic crisis...

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Consumers Sour On Travel Rewards Cards
Consumers Sour On Travel Rewards Cards
June 29, 2020  |  Loyalty & Rewards

After spending years fine-tuning travel reward cards, banks have found that the coronavirus pandemic decimated all the effort by reducing the need or will to...

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US Banks Saw $2T Increase In Deposits During Pandemic
US Banks Saw $2T Increase In Deposits During Pandemic
June 22, 2020  |  Banking

A record $2 trillion has been deposited into U.S. bank accounts since the coronavirus first hit the U.S. in January, according to a report by...

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Citi To Bolster Business Lending In Europe With New Staff, Offices
Citi To Bolster Business Lending In Europe With New Staff, Offices
June 04, 2020  |  B2B Payments

To fill in openings left by competitors encountering the impacts of a recession brought by the pandemic, Citigroup is aiming to bolster its commercial banking...

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Citigroup Ponders Suburban Satellite Offices 
Citigroup Ponders Suburban Satellite Offices 
May 20, 2020  |  Real Estate

As the country starts lifting stay-at-home mandates and people head back to the office, Citigroup is considering a temporary relocation to the suburbs until it’s...

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Citi Initiative Will Focus On Digital Experiences For Corporates
Citi Initiative Will Focus On Digital Experiences For Corporates
May 19, 2020  |  B2B Payments

Citi’s Institutional Clients Group (ICG) is developing a unified approach to its electronic platforms with a particular emphasis on corporate clients. Get the Full Story...

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‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings Calls
‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings...
May 04, 2020  |  Banking

Amid the coronavirus pandemic and recessions, the old saying in life might hold true in business, and in particular for firms that rely on consumer...

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Citi CIO Says Second Wave of COVID-19 Could Wreak Financial Havoc
Citi CIO Says Second Wave of COVID-19 Could Wreak Financial Havoc
April 20, 2020  |  Economy

We’re not out of the woods yet: That’s the message from Citi Private Bank’s David Bailin. Get the Full Story Complete the form to unlock...

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