Citigroup

Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
February 28, 2024  |  Blockchain

Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional...

READ MORE >
JPM Veteran Raghavan Joins Citi as Banking Head
JPM Veteran Raghavan Joins Citi as Banking Head
February 26, 2024  |  Personnel

Citi has named a 24-year veteran of JPMorgan Chase as its new banking head. Viswas “Vis” Raghavan is set to join Citi’s executive management team and will report...

READ MORE >
Citi Completes Proof of Concept on Tokenization of Private Markets
Citi Completes Proof of Concept on Tokenization of Private Markets
February 14, 2024  |  Technology

Citigroup has partnered with Wellington Management and WisdomTree to explore the tokenization of private markets. The collaboration successfully completed a proof of concept on the...

READ MORE >
2024 Is Already the Year of the AI-Driven Enterprise Reorganization
2024 Is Already the Year of the AI-Driven Enterprise Reorganization
January 15, 2024  |  Artificial Intelligence

The resolutions many enterprise executives made for the new year likely involved driving new efficiencies. Having navigated the various challenges of 2023’s shifting macroeconomic climate,...

READ MORE >
CE 100 Index Adds 1.1% as Bank Earnings Blunt Gains, iRobot Plummets 20% 
CE 100 Index Adds 1.1% as Bank Earnings Blunt Gains, iRobot Plummets 20% 
January 15, 2024  |  Connected Economy

Friday heralded the official kick off of earnings season, with banks leading the charge. Within the CE 100 Index, gains seen in the work segment...

READ MORE >
Citi Reports $1.8 Billion Net Loss Partly From FDIC Bank Failure Assessment
Citi Reports $1.8 Billion Net Loss Partly From FDIC Bank Failure Assessment
January 12, 2024  |  Earnings

Citigroup reported a net loss of $1.8 billion for the fourth quarter, attributing that in part to several “notable items.” The items include a special...

READ MORE >
Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
January 12, 2024  |  Economy

In the first two weeks of the new year, several prominent companies, including Amazon, Citigroup, Xerox, Google and BlackRock, have announced plans to cut jobs,...

READ MORE >
CE 100 Index Starts Off 2024 With a 2.6% Loss
CE 100 Index Starts Off 2024 With a 2.6% Loss
January 08, 2024  |  Connected Economy

Out with the old and in with the new, as they say. For the CE 100 Index, completing its first (shortened) week of trading, the...

READ MORE >
Bank Execs Expected to Push Back Against Capital Hikes
Bank Execs Expected to Push Back Against Capital Hikes
December 04, 2023  |  Bank Regulation

Bank CEOs are set to appear before the Senate Banking Committee to protest new regulations and capital hikes, arguing that these measures will harm the...

READ MORE >