Citigroup Corporate and Investment Bank

112 results about this entity

Period: 13 Apr 2004 - 16 Feb 2024

/wealth

Citi wealth management pushes private bankers to record client calls - FT

Citigroup now monitors the frequency at which private bankers call their clients to push for growth in the wealth management branch of the business, according to reporting from the Financial Times.

/predictions

2023 predictions: Citi forecasts weakest annual global economic growth in 40 years

A recent Citi Global Wealth Investments (CGWI) report has predicted the weakest annual global economic growth in forty years, outside of the global financial crisis and pandemic shutdowns.

/markets

Citigroup trader triggers European flash crash

Citigroup has blamed a fat-finger error for a flash crash that briefly halted trading on European stock markets on Monday.

/sustainable

Doconomy raises $19 million to accelerate carbon emission reduction goal

Climate data platform Doconomy has raised $19m of equity capital to help accelerate expansion and the recruitment of new talent.

/people

Top 25 financial services employers for women: Who is on Forbes’ 2021 list?

Forbes has just released its annual ranking of America’s ‘Best Employers for Women’.

/wholesale

Big banks invest in HQLAx

Securities lending platform HQLAx has closed a €14.4m investment round led by BNY Mellon, Goldman Sachs, BNP Paribas Securities Services and Citigroup, and with participation from longtime strategic partner Deutsche Börse Group.

/markets

Citi and HSBC join $10.5 million round in FX marketplace Spark

Citi and HSBC have joined a $10.5 million funding round in Singapore-based low latency foreign exchange trading technology venture Spark Systems.

/regulation

Citi spins off proxy voting platform to industry consortium

Citigroup is spinning off its electronic proxy voting platform Proximity to a consortium of banks who are backing the new venture with $20.5 million in fresh capital.

/markets

ING and HSBC join £5.7 million funding round in TransFicc

Low latency trading and workflow outfit TransFicc has closed a series A investment round of £5.7 million led by Albion VC with participation from new investors ING and HSBC.

/wealth

Citi Ventures invests in Roofstock

Roofstock, the leading online marketplace for investing in the $3 trillion single-family rental home sector, announced today it has closed on a $50 million Series D equity round.

Citi set for go-live on Cobalt post-trade network

Cobalt, the foreign exchange (FX) post trade infrastructure, has announced today that Citi intends to go live on its infrastructure for bilateral trading.

Banks and exchanges join document automation consortium

A consortium formed by legal firms to explore the use of a new automated document exchange standard for capital markets firms has held its second meeting with participation from a swathe of banks and stock exchanges.

Citi launches data-driven platform for insights into US Opportunity Zones

Today Citi announced the launch of City Builder by Citi, a data-driven, web-based platform that seamlessly aggregates information about U.S. Opportunity Zones.

Citi’s data and analytics global head departs to launch fintech firm

Industry veteran Bill Pryor is understood to have left the investment bank to launch his own fintech company, Investics Data Services.

/regulation

Bank of England dishes out £44 million fine to Citigroup for regulatory reporting failures

The PRA has imposed a combined financial penalty on Citigroup Global Markets Limited (CGML), Citibank N.A. London branch (CBNA London) and Citibank Europe Plc UK branch (CEP UK) (together, Citi) of £43.9 million for failings in relation to their internal controls and governance arrangements underpinning compliance with PRA regulatory reporting requirements.

Citi announces winners of Mena fintech challenge

Citi today announced the winners of the Citi MENA Fintech Challenge.

Citi extends service contract for Temenos Multifonds suite

Temenos (SIX: TEMN), the banking software company, today announced that Citi has extended its existing contract for Temenos Multifonds Global Accounting to drive operational excellence, reduce costs and deliver digital customer experiences for its global fund services business.

/payments

Citi selects PPRO to handle digital payments

Citi’s Treasury and Trade Solutions (TTS) announced today that it is entering into additional partnerships to support the development of its forthcoming consumer payments offering for institutional clients -- Spring by CitiSM.

Major buy-side and sell-side firms call for regulatory action to make clearing houses safer

BlackRock, Goldman Sachs, JPMorgan Chase & Co., Allianz, Citi, Societe Generale, State Street, T. Rowe Price, and Vanguard, today, in a joint paper, presented detailed recommendations from both buy-side and sell-side perspectives to further enhance the safety and soundness of central counterparties (CCPs), also known as clearing houses.

Citi Ventures invests in cash flow forecasting outfit Cashforce

Citi Ventures has joined Amsterdam VC Inkef Capital in co-leading a EUR5 million round in cash forecasting and working capital vendor Cashforce.