Citi and the Bank of Shanghai have teamed to streamline payments for visitors to China. The payments solution announced by the two banks Wednesday (Nov. 13) is designed for the Bank...
Citi has spent more than $7.4 billion to make peace with regulators and hasn’t succeeded. Donald Trump’s election and promise of deregulation bode well for the...
Celebrities are getting into the soda industry and launching their own beverages. Healthy soda options are in demand, with brands like La Croix seeing record sales....
Sen. Elizabeth Warren called for growth restrictions on Citi due to long-standing data issues. Citi CEO Jane Fraser denied the prospect of an asset cap after...
OpenAI CEO Sam Altman.Photo: Didem Mente/Anadolu (Getty Images) In the startup world, a ‘unicorn’ is a private company valued at $1 billion or more — and...
Nearly four years ago, Citigroup was fined $400 million for its poor data management and risk controls. In July, regulators fined the bank $136 million for...
Citi has launched its buy now, pay later (BNPL) offering, Citi Flex Pay, on its travel booking platform, Citi Travel. The combination of these offerings allows...
Citigroup’s wealth division is bloated, barely profitable, and inefficient. It’s easy to see why if you look under the hood, said a former managing director. “Everyone...
Which industry’s job market will be most impacted by artificial intelligence (AI)? According to a new report by Citi, a little more than half — 54%...
AI has already been thought to have the potential to change jobs in every industry profoundly. But, according to a new report from Citigroup researchers, “finance will be...
Andy Sieg shocked the finance industry last spring when he left Merrill Wealth Management. The 6-foot-4 Sieg was the face of the $3 trillion wealth giant,...
Skift Take Online travel agencies and credit card companies — other than Chase — have Southwest-envy. Not having Southwest flights is a major hole in their...