Citigroup

Inside Citi's plan to combat business payments fraud with AI

07/15/19

The bank is taking a concept that has worked for years in the credit card world — artificial-intelligence-based fraud detection — and applying it to corporate customers' transactions.

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Citi leans on cost cuts and consumers as trading sputters

07/15/19

Noninterest expenses fell 2% to $10.5 billion — almost $100 million lower than the average estimate from analysts.

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Citi opens bank earnings season; SEC ponders authority over Libra

07/15/19

Investors eye how low rates, flat yield curve will affect bank profits; agency is determining if it has oversight power over Facebook’s planned cryptocurrency.

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HSBC's new U.S. chief, Pittsburgh turf war, leveraged loan jeopardy: Top stories of the week

07/12/19

Citi’s chief lending officer to take over HSBC’s U.S. business; Pittsburgh banks brace for incursion of industry heavyweights; borrowing by nonbank leveraged lenders is growing (maybe too much); and more from this week’s most-read stories.

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Citi’s chief lending officer to take over HSBC’s U.S. business

07/08/19

Michael Roberts will succeed Patrick Burke as president and chief executive of HSBC USA in October.

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2019 reputation rankings: The biggest movers

06/30/19

The banking industry has some work to do to improve its overall reputation, but the good news is that most customers have positive feelings about their own banks. Here are 10 banks that made big strides.

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Stress test results, BNY Mellon's digital play, bank reputations: Top stories of the week

06/28/19

Banks clear both rounds of stress tests (though two of them needed a do-over); BNY Mellon goes all-in on digital; bank industry struggles to stop slide in latest reputation survey; and more from this week's most-read stories.

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Banks clear CCAR stress test — though JPMorgan Chase, Capital One barely

06/27/19

In a year where most of the 18 institutions taking the second round of the Federal Reserve's stress tests showed improvements over last year, JPMorgan Chase and Capital One were both forced to adjust their capital plans in order to meet the central bank's minimum thresholds.

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Image enhancement: How Citi is restoring its good name

06/26/19

Once a poster child for corporate wrongdoing, Citi has bolstered its reputation by taking bold stands on polarizing social issues, such as climate change and gun control, and declaring its commitment to move more women and minorities into managerial roles. Here's how it aims to do even better.

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Bank CIO’s mission: Getting out from under bad tech vendor contracts

06/25/19

Brad Goedken wants agreements for HarborOne Bancorp to include better protections, such as cost reductions if a service fails.

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