Citi - Announcements, Interviews & News Stories

Citi launches virtual card accounts for institutions

Citi today announced the launch of Citi Virtual Card Accounts, its next generation payment solution, designed to provide institutions with greater security, flexibility and control.

26 August 2009

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Citi launches m-banking in Singapore

Citibank Singapore Ltd has launched a comprehensive Mobile Banking solution that provides customers with transactional banking services and real-time information on their mobile phones.

25 August 2009

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Citi and Axis launch automatic reload mobile phone payment service

Citi and telecommunications provider Axis today announced the launch of "Auto Reload," an automatic payment service for Axis pre-paid mobile phone subscribers.

19 August 2009

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Citi appointed depositary for Shin Kong Financial global depositary receipt programme

Citi's Global Transaction Services business, acting through Citibank N.A., has today announced that it has been appointed by Shin Kong Financial Holding Co., Ltd. (SKFH), a leading diversified financial services holding company based in Taiwan, as the depositary bank for its Luxembourg Stock Exchange-listed Global Depositary Receipt program.

10 August 2009

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Citibank brings m-banking to smartphones

Checking your account balance or paying a bill used to involve a trip to the bank, and in recent years, logging on to your home PC.

28 July 2009

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Bursa Malaysia names Citi settlement bank for multi-currency securities platform

Citi Treasury and Solutions, a division of Global Transaction Services, has been appointed by Bursa Malaysia Securities Clearing Sdn. Bhd., a wholly-owned subsidiary of Bursa Malaysia Berhad, to act as foreign currency settlement bank.

24 July 2009

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Citigroup's Jonathan Beyman joins Omgeo board of managers

Omgeo, the global standard for post-trade efficiency, welcomes Jonathan E. Beyman, managing director, global head of operations and technology for Citigroup, to its board of managers.

20 July 2009

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Citi scoops $197.1 million from sale of Japanese brokerage to Nomura

Nikko Citi Holdings Inc. ("Nikko Citi Holdings") announced today that a definitive agreement has been executed to sell all of the shares of NikkoCiti Trust and Banking Corporation ("NikkoCiti Trust") to Nomura Trust & Banking Co. Ltd. ("Nomura Trust"). Nomura Trust will pay an all-cash consideration of 19 billion yen (US$197.1 million at an exchange rate of ¥96.42 to US$1.00), subject to certain purchase price adjustments, at the closing. The sale is expected to close in the fourth quarter of 2009, pending regulatory approvals and other closing conditions.

02 July 2009

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Turquoise names liquidity partners for aggregation service

Turquoise, the pan-European equity trading services company, today announced the first six liquidity partners for its aggregation and order routing service that will launch in July 2009.

29 June 2009

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Mobile Money Ventures and Citibank team on Philippines m-banking

Mobile Money Ventures (MMV), a leading global solutions provider of the next generation of mobile financial services, today announced it has teamed up with Citibank to offer the first browser-based mobile banking solution of its kind in the Philippines.

23 June 2009

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Citi extends commercial card platform to Central and Eastern Europe

Citi today announced that its Global Transaction Services business for Europe, the Middle East and Africa, has extended its global platform for commercial card issuance into Central & Eastern Europe (CEE).

22 June 2009

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Citi Asia Pacific head Ajay Banga springs surprise move to MasterCard

MasterCard Incorporated (NYSE: MA) today announced it has appointed Ajay Banga President and Chief Operating Officer, reporting to Robert W. Selander, currently President and Chief Executive Officer.

22 June 2009

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