Citigroup

Wells customers phished, Fed caps dividends, Citi’s new ops chief: Top stories of the week

06/26/20

Wells Fargo customers targeted with phishing attacks using calendar invites; Fed freezes stock buybacks, caps dividends after stress test results; Citigroup names Titi Cole its head of global operations and fraud prevention.

[more]

Banks continue to embrace robo advisers (even if customers don’t)

06/26/20

Citizens Bank and Citigroup are among the financial institutions plugging away at a service that has gained little traction among customers.

[more]

Citi names Titi Cole to senior post in global consumer bank

06/25/20

Titi Cole was recruited away from Wells Fargo to join Citi as head of global operations and fraud prevention. She’ll report to Jane Fraser, the CEO of global consumer banking.

[more]

Bankers look to Asia for glimpse of what U.S. recovery could look like

06/24/20

Top executives from Citigroup and Goldman Sachs offered warnings Wednesday about why the U.S. economy may be slow to bounce back from the coronavirus pandemic.

[more]

Digital banking: Once-steady shift now moving at lightning speed

06/23/20

The coronavirus crisis led to "the greatest acceleration of digital banking in history." Here's what to expect next.

[more]

Wall Street's best-laid Brexit plans in disarray amid virus

06/16/20

Giant U.S. banks still have to deliver a Brexit plan to get staff across the English Channel before a potential second wave of Covid-19 forces Europe's doors shut again.

[more]

BNY Mellon whistleblower gets $50 million; Citi sees an opening in EMEA

06/05/20

The employee assisted authorities in currency trading investigations that cost the bank $714 million; Citi is eyeing an expansion of its commercial banking ops in Europe, Middle East and Africa as other lenders exit on coronavirus fears.

[more]

Citi sees surge in corporate online account opening amid pandemic

06/04/20

The quarantine and Citi's shift from hardware to software tokens have led to a 300% spike in commercial clients' opening of accounts online as well as increased digital banking use.

[more]

Karen Peetz to join Citi in newly created role

06/03/20

The veteran banker will serve as chief administrative officer, with responsibilities that include strengthening Citi’s data architecture, creating greater consistency in its dealings with regulators and enhancing its efforts to combat money laundering.

[more]

Coronavirus response allows banks to ‘change the narrative’: Citi chair

06/03/20

John Dugan says a successful effort by banks to alleviate the economic damage of the pandemic could boost the industry's reputation.

[more]