Trump's promise of light regulation could solve one of Citi's biggest problems.
These new fines are despite Citi dedicating massive resources to a firmwide initiative to overhaul the bank's technology. This program, called the "Transformation" and overseen by Selva ...
A group of former Citigroup Inc. bankers is urging the firm’s board to cancel bonuses for hundreds of managers, slash spending on consultants and take other steps to accelerate the company’s ...
Yes.' Citigroup is certainly no stranger to challenges with regulators, even recently. In July, its overseers hit the bank with $136 million in fines for failing to make sufficient progress on ...
The investors further argued that Citigroup's culpability is supported by findings from the Mexican government, which seized Oceanografía and initiated restructuring proceedings, leading to its ...
Not all of the regulatory news for Citi during the third quarter was bad. In addition to the latest round of fines, the Fed said it lifted an 11-year-old enforcement order against the company that ...
New York press reports quoting financial sources said that Citigroup was talking to US officials about how the government should shed its 7.7 billion shares in the bank.
Investors with a lot of money to spend have taken a bullish stance on Citigroup C. And retail traders should know. We noticed this today when the trades showed up on publicly available options ...
Citigroup earnings are due Tuesday morning, and they’re expected to show a 28% decline in quarterly earnings from a year ago as lower interest rates crimp profits and the bank continues to work ...
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Citi executives aimed to be “crystal clear ...
The Citi Rewards+® Card * The information for ... on purchases in the first three months of account opening. Using government data and other publicly available information, we estimate that ...