Browsing: Citi
Key insight: Roughly four years after the invasion of Ukraine, Citi has completed its exit from Russia.Why it matters: The…
What’s at stake: A quantum attack on a top bank’s payment access could trigger a cascading failure costing the U.S.…
The transition was long expected, after Citi’s 2024 announcement that it would acquire Barclays’ AAdvantage cards and move existing cardholders…
Key insight: Ex-Citi executive Julia Carreon is accusing the bank of maintaining a sexually discriminatory culture that ultimately forced her…
Citigroup Inc. is set to cut about 1,000 jobs this week as part of Chief Executive Jane Fraser’s march to…
Key insight: Citi has been freed from an amended consent order issued by the OCC in July 2024.What’s at stake:…
Key insight: Citi CFO Mark Mason will depart the bank by the end of next year.What’s at stake: Incoming CFO…
Key insight: Banks are grappling with how to get employees enthused about agentic AI.What’s at stake: Workforce roles, vendor relationships…
A change in mindset, away from the transactional and more towards creating relationships has led to higher customer satisfaction scores,…
Key insight: Citi is the last of the four U.S. megabanks to give the chair role to its CEO.Expert quote: …