Citi

590 results about this entity

Period: 10 Jun 2010 - 24 May 2024

/crime

Ex-Citi employee files wrongful termination lawsuit alleging the bank hid data from regulators

A former managing director at Citigroup is suing the bank and COO for unlawful termination on the grounds of allegedly refusing to provide regulators with false information.

/regulation

Citi fined over $444 billion fat finger error

British financial regulators have fined Citigroup £61.7 million over a $444 billion fat finger error that led to a $1.4bn sell off of equities in European markets.

/markets

US FS giants explore multi-asset settlement using share ledger tech

A host of major US financial services firms - including Citi, JP Morgan, and Visa - are taking part in a Regulated Settlement Network (RSN) proof-of-concept that will explore multi-asset settlement using shared ledger technology.

/markets

Citi Securities Services to consolidate global funds services on Temenos Multifonds SaaS

Today, Temenos (SIX: TEMN) announced that Multifonds has extended its relationship with Citi Securities Services to consolidate its current regional fund accounting operation into a global operating model on Temenos Multifonds delivered as SaaS.

/startups

iwoca amasses £270 million in investments from Citibank and Barclays

iwoca, one of Europe’s largest SME lenders, today announces a new £270m package of debt funding, taking total gross investment in the company to over £1bn since it was founded in 2012.

/wholesale

Asian Development Bank and Citi team on supply chain finance

The Asian Development Bank (ADB) and Citi have partnered to sign a master risk participation agreement to enhance access to supply chain financing for small and medium-sized enterprises (SMEs) and support more than $100 million in additional annual trade across Asia and the Pacific.

/people

Citi execs join Icon board

Icon Solutions has today announced the appointment of James West, Head of Payments’ Business Execution & Platform Modernisation, Citi Services, to its Board of Directors. Amit Rijhsinghani, Head of Payments Technology, Citi Services, has also been appointed as a Board Observer.

/markets

Citi ends first quarter as Asia-Pacific’s top ECM underwriter

Citi emerged as the top underwriter for equity capital markets (ECM) in Asia ex-Japan for the first quarter (Q1) of 2024, continuing the strong momentum built in 2023. At the end of Q1, Citi commanded a total issuance volume that was double that of the next closest competitor.

/regulation

Singapore launches platform to tackle money laundering

The Monetary Authority of Singapore (MAS) has launched a centralised digital platform that lets financial institutions share customer information in order to tackle money laundering and terrorism financing.

/markets

Citi and the Brazilian Development Bank join Hyperledger Foundation

Today, Hyperledger Foundation, the open, global ecosystem for enterprise-grade blockchain technologies, announced Citi and the Brazilian Development Bank (BNDES) as new members.

/retail

Citi Ventures invests in Tuum

Citi Ventures has invested in core banking provider Tuum, following on from last month's €25 million fund raise led by CommerzVentures.

/startups

Citi Ventures invests in bank-to-bank loan marketplace Capstack

Capstack Technologies, a bank-to-bank marketplace designed to mitigate asset risk, has secured a strategic investment from Citi Ventures.

/markets

BNP Paribas and Citi invest in United Fintech

BNP Paribas and Citi have become the first institutional investors in United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors.

/markets

Citi tests tokenisation of private funds

Citi has joined forces with Wellington Management and WisdomTree to explore the tokenisation of private markets.

/payments

Citi taps ChargeAfter for POS instalment loan product

Citi Retail Services has picked technology from embedded lending platform ChargeAfter to power its products that let merchants offer credit and instalment loans at the point of sale.

/security

New York AG sues Citi over lax security and failure to reimburse fraud victims

New York's Attorney General is suing Citibank for failing to protect customers from fraud and scams.

/payments

Citi unveils browser extension to help shoppers find online offers

Citi has launched a free desktop browser extension that helps cardholders search for offers and coupons at thousands of online merchants.

/wholesale

Citi partners LuminArx on private lending venture

Citi is teaming up with alternative investment manager LuminArx Capital to launch a private lending vehicle for companies.

/startups

Citi leads investment round in Colombian B2B fintech Supra

Citi has led an investment round in Colombian B2B payments startup Supra.

/payments

Citi invests in Icon Solutions

British payments technology outfit Icon Solutions has secured an equity investment from US banking giant Citi. Terms were not disclosed.