Citigroup

Citi breaks silence, objects to Trump travel ban

01/30/17

After initially declining this weekend to weigh in on President Trump’s travel ban regarding refugees and others traveling from seven nations, Citigroup said Monday that it is worried about the order’s impact on its employees and customers.

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Citi uses mobile camera to trim card navigation steps

01/30/17

Consumers will be able to avoid manually entering a full account number on a mobile screen.

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Citigroup to exit mortgage servicing, sell $97B portfolio

01/30/17

Citigroup plans to exit the mortgage-servicing business by the end of 2018 to focus on making new loans.

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Big banks stay mostly silent on Trump travel ban, with one exception

01/29/17

Despite their global reach, the largest U.S. banks mostly stayed quiet in response to President Trump’s ban stopping nationals from certain Muslim countries from entering the United States.

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Have the big banks finally cracked the code on P-to-P payments?

01/27/17

The upcoming launch of Zelle gives Chase, B of A, Wells Fargo and other large banks an opportunity to correct their past mistakes.

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CFPB orders Citi units to pay $28.8M for servicing flaws

01/23/17

The Consumer Financial Protection Bureau ordered two units of Citigroup to pay a combined $28.8 million for failing to help borrowers with foreclosure relief.

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Credit card giants in a delicate balancing act of costs, rewards

01/23/17

Credit card issuers usually reserve their richest rewards for customers at the higher end who are willing to pay steep annual fees. But a recent surge in credit card rewards deals targeting mainstream consumers signals a key strategy shift for issuers.

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End of an era: Citi CEO says 'restructuring is over'

01/18/17

Michael Corbat told analysts Tuesday that Citi will no longer report Citi Holdings, its erstwhile "bad bank," as a separate entity.

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Consumer banking rises 2% at Citi

01/18/17

Citigroup reported fourth-quarter profit that surpassed analysts’ estimates as trading revenue jumped 31%, more than the bank had forecast last month.

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Changing of the guard at U.S. Bank; Steve Mnuchin's other bank

01/18/17

As expected, Cecere succeeds Davis at regional bank; OneWest is expected to get most of focus at Treasury nominee's confirmation hearing, but First Federal acquisition also raises questions.

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