Citigroup Plans IPO for Mexican Banking Unit Banamex
Citigroup announced its decision to take public its retail banking services division Banamex, which is based in Mexico.
Citigroup
Citi Adds Installment Loans and Lines of Credit Options to Retail POS
Citi Retail Services is adding new point-of-sale (POS) lending capabilities to its built-in payment services.
Citi Expects Generative AI to Benefit Search Engine Industry
Generative artificial intelligence can have a positive impact on the development of the search engine industry.
Walmart Teams Up With Citi on Digital Lending Platform
Walmart and Citi introduce a digital lending platform that connects the retail giant’s network of 10,000 US-based small business suppliers with 70+ lenders that may provide loans of up to $10 million
US Banks to Report Profit Decline, Prepare for Recession
Major US banks are expected to show a net profit decline in their quarterly earnings reports to be released on Friday, while the industry is getting ready for an economic slowdown
Citigroup Winds Up Consumer Banking in China
Ending its consumer banking operations in China is the latest step in Citi’s planned retreat from the business in Asia. However, Citigroup will continue to offer consumer services in Hong Kong and Singapore
US Banks to Test Digital Assets on Regulated Liability Network
The project will test the feasibility of a programmable digital money design, as well as the viability of the proposed system within existing laws and regulations
Citibank Explains How Digital Assets Can Boost Philanthropy
Citi’s new report reveals the significance of crypto donations in perspective of the cost of living crisis
SEC could charge $1 billion over bankers’ WhatsApp messages
SEC is investigating the cell phone use of Wall Street executives and employees: private messages should not discuss investment terms, client meetings and other business
Citi introduces SEPA Instant Payments in Europe
The clients will have the ability to instantly pay to and receive from 36 SEPA countries
Citi will use recycled plastic for corporate cards
The rollout will start in the EMEA region, before being distributed globally
US leading banks put more cash into economy
Buybacks inflate the value of the shares the investors hold
Citi bank launches platform to support investments in US
Over 8,700 census tracts have been designated as Opportunity Zones across America
Top 10 leading banks in the US
The aggregate assets stored within the top 10 leading banks in the US exceeds $9 trillion
Blockchain for the banking industry: is the future already written?
There are two main reasons why this technology will likely work out for the banking industry
Top 10 banks that are investing in blockchain
Let’s find out what financial institutions are investing in the blосkсhаіn technology more than others
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