Citigroup

Fintech & Ecommerce

Citi Turns to Google to Use AI and Cloud Technology

Citi has teamed with Google to use artificial intelligence and cloud technology to bolster its digital strategy.

News

Citi Launches Integrated Digital Bill Discounting Solution

Citi has launched an integrated digital bill discounting solution, which, as stated by this financial institution, will help customers monetize accounts receivable in less than an hour.

Finance & Economics

Citigroup Reports Earnings

Citigroup on Tuesday, October 15, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of Wall Street analysts.

News

Citi to Enable Cross-Border Payments to Mastercard Debit Cards

The combination of Citi WorldLink Payment Services and Mastercard Move offering will add speed, security, and transparency for cross-border transfers in 14 supported markets.

News

American Airlines Reportedly Plans to Make Citigroup Its Exclusive Credit Card Partner

Media reports indicate that American Airlines is currently in talks aimed at making Citigroup its exclusive credit card partner.

Finance & Economics

Experts Cut China’s 2024 Growth Forecast

Experts from world-renowned financial institutions began to reconsider their vision of the prospects of the dynamic of the economic system of China in the current year, and for Beijing, these new expectations are clearly not favorable and do not belong to the category of a positive assessment of the possibilities of the foreseeable future.

News

Citi Profit Grows

On Friday, July 12, Citigroup released data on its earnings for the second quarter of the current year, which testified that the profit of this financial institution has a growth rate exceeding Wall Street’s preliminary expectations for the dynamic of the corresponding indicator.

Finance & Economics

Citi Says About Need to Book Profits in High-Flying AI Equities

Strategists at Citigroup Inc. say the tendency of soaring share prices of companies operating in the artificial intelligence industry space may not be showing much signs of flagging at present, but the time has come for profit-taking in major markets.

News

UK Regulators Fine Citi

In the United Kingdom, local regulators imposed a fine of 62 million pounds ($79 million) on bank Citi, which head office is located in New York.

News

Citi’s Chief Digital Officer Says About Significance of Mobile and Virtual Platforms

Michael Naggar, Citi’s director of digital technologies in the area of personal banking services in the United States, during a conversation with media representatives, shared his opinion on what it means to implement the digitalization process in the banking sector.

Finance & Economics

Citigroup Posts First-Quarter Revenue

Citigroup reported earnings for the first quarter of 2024.

Finance & Economics

Top Citi Strategist Says About Prospects of Healthy Economic Growth

Steven Wieting, chief investment strategist and chief economist at Citi Global Wealth, says that the global economic system does not need a collapse situation for the inflation rate to return to the target level.

News

Citi and LuminArx Introduce Financing Tool for Private Lending Market

Citi and LuminArx presented a financial instrument designed for use in the private lending market.

Finance & Economics

Citigroup Fixes $1.8 Billion Fourth-Quarter Loss

On Friday, January 12, Citigroup reported a loss of $1.8 billion for the fourth quarter of last year.

News

Citi Invests in Colombian FinTech Supra

Citi has led a round of strategic investments in Supra, a fintech company based in Colombia.

News

Citigroup Launches Restructuring

Citigroup has started operations as part of the next stage of its organizational change plan.