Citi (NYSE:C), through its Treasury and Trade Solutions unit, today announced the launch of Citi Integrated Payables Solutions, a holistic suite of analytics, advisory and payment services that will assist organisations in optimising working capital and maximising efficiency across their complete supply chain.
Building on its global RMB cash-pooling solutions, Citi has today announced the implementation of its first RMB Cross-Border Auto Sweeping structure from China to London.
At the Sibos conference in Boston on Monday, Microsoft Corp. announced the availability of Citi's CitiDirect BESM Tablet app for Windows 8.1.
Citi is launching Total Touch, its block equities offering designed to make it more efficient for institutional investors to execute block trades in the European market.
The Securities and Exchange Commission today charged a Citigroup business unit operating an alternative trading system (ATS) with failing to protect the confidential trading data of its subscribers.
The Securities and Futures Commission (SFC) has reprimanded Citigroup Global Markets Asia Limited (Citigroup) for its failure to ensure that certain securities orders executed through its algorithmic trading system between April 2009 and May 2010 would not cause undue price impact to the market in resolving the SFC's concerns over Citigroup's algorithmic trading system.
The Financial Industry Regulatory Authority (FINRA) and BATS Exchange1, Inc. announced today that they have jointly ordered Citigroup Global Markets Inc. to pay approximately $1.1 million in connection with short selling ahead of participating in five public offerings of securities, in violation of Rule 105 of Regulation M.
Interbank messaging network Swift has recruited a group of major banks to help develop its centralised KYC utility for the collection and distribution of standard information required by banks as part of their due diligence processes.
Barclays, The Royal Bank of Scotland and Citigroup have banned traders from using chat rooms in the wake of a series of scandals over manipulation of bank interest rates, according to the Financial Times.
Citi's Treasury and Trade Solutions (TTS) launches CitiDirect BESM Tablet, a new app for iPad providing visibility into important transactional and financial information, supporting decision-making and business management for treasury and finance executives.
© Finextra Research 2015