Citi - Announcements, Interviews & News Stories

Citibank Online Investments upgraded

Citi today announced its Global Transaction Services has launched new enhancements of its award-winning Citibank Online Investments (OLI).

26 October 2010

/Sibos

Citi unveils ERP-to-bank integration software

Citi announced today the launch of a software solution from its Global Transaction Services business that simplifies ERP-to-bank integration for users of its Citi File Xchange (CFX) host-to-host file transfer and translation service.

26 October 2010

/Sibos

Dexia reappoints Citi GTS as US treasury clearer

Citi announced today that the Dexia Group has reappointed Citi's Global Transaction Services as their USD treasury clearer for the main subsidiaries and branches of the Group. Citi has also been reappointed as the CLS USD nostro agent for Dexia BIL.

26 October 2010

/regulation

LCH.Clearnet and Citi team on Chi East post trade

Citi's Global Transaction Services has been selected by LCH.Clearnet Ltd (LCH.Clearnet) to perform settlement agent bank services for the first Pan Asian dark pool, Chi East.

25 October 2010

/payments

Citi launches Procure to Pay in Emea

Citi's Global Transaction Services announced today that it has launched its Procure to Pay solution in Emea.

21 October 2010

/retail

Citi sells US retail sales finance portfolios to GE Capital

Citi today announced the closing of the sale of $1.6 billion in managed assets, part of its U.S. retail sales finance portfolios, to GE Capital.

11 October 2010

/retail

Citi extends commercial card offering to Greece and Luxembourg

Citigroup today announced that its Global Transaction Services business has extended its global platform launching its proprietary commercial card issuance services in Greece and Luxembourg.

07 October 2010

/retail

Citi sells US retail sales finance portfolios

Citi today announced the closing of the sale of $1.6 billion in managed assets, part of its U.S. retail sales finance portfolios, to GE Capital. The assets were part of Citi Holdings. Terms of the deal, which has received regulatory approval, were not disclosed.

06 October 2010

/wholesale

Citi launches global tech platform for funds of hedge funds

Citi today announced that its Global Transaction Services unit has launched a global technology platform specifically designed for servicing funds of hedge funds.

06 October 2010

/retail

Citi gets framework agreement to offer pre-paid services to UK public sector

Citigroup's Global Transaction Services business has been awarded a framework agreement to offer Prepaid Solutions to the 3,300 national, regional and local public sector agencies throughout the United Kingdom.

05 October 2010

/retail

Citi hires Amex man Jud Linville to head card business

Citigroup announced today that Jud Linville will become Chief Executive Officer of Citi Cards.

15 September 2010

/retail

Bundle strikes content deal with The Street

TheStreet.com, Inc. (Nasdaq: TSCM), a leading digital financial media company, and Bundle, the new socially informed money management website funded by Citigroup, Microsoft and Morningstar, announced today a content and audience-sharing agreement whereby TheStreet and its sister Web site MainStreet will provide personal finance editorial content and multimedia tools to Bundle.

31 August 2010

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