Citigroup

Citi buys $1.5B L.L.Bean credit card portfolio from Barclays

07/09/18

Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer.

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Banks seek new blood to fill evolving CRO role

07/02/18

Turnover of chief risk officers is on the rise as CEOs look to add executives whose experience goes far beyond assessing credit risk. Sometimes they are promoting from within, but often they are poaching talent from rival banks.

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Former PIMCO president joins Citi's board

06/29/18

Citigroup has appointed Jay Jacobs, former president of the investment management firm PIMCO, as an independent director.

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Have bank stocks already hit their 2018 peak?

06/27/18

The recent string of positive news for the banking industry, from lower corporate taxes to less regulation, is starting to feel like a distant memory.

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These bank-vetted startups have plans to solve industry challenges

06/22/18

The graduates of this year's Fintech Innovation Lab New York, chosen by executives at 43 banks, are focusing on improving artificial intelligence, solving IT issues and providing a better customer experience.

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Dimon, Corbat-led group criticize Trump immigration policy

06/20/18

JPMorgan Chase CEO Jamie Dimon condemned the separation of immigrant children from their parents at the U.S. border, while a group that Citigroup CEO Michael Corbat co-chairs also called for an end to the policy.

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U.S. banks seen boosting payouts $30 billion after stress tests

06/19/18

Among the six biggest U.S. banks, Bank of America might see one of the steepest jumps in payouts. Wells Fargo is the wild card.

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Why banks’ biggest risk factor may be employees who don’t speak up

06/18/18

Senior leaders may say that they want to hear bad news, but that doesn’t mean lower-level employees are eager to share it with them.

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Citigroup to pay $100 million to 42 states in Libor probe

06/15/18

The settlement is the latest development in probes by governments around the globe into banks’ manipulation of benchmark interest rates.

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Number of black bankers at JPMorgan drops for 6th straight year

06/14/18

Even with the decline, the nation's largest bank still employs a higher percentage of black employees in the U.S. than its rivals.

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