clear
clear

613 Results from "Citi"

/retail

Citi faces class charges on gender discrimination

As will be featured on the March 2, 2009 cover of Forbes Magazine, a group of five female former employees of Citigroup, ("Citi") have filed class charges of discrimination with the Equal Employment Opportunity Commission ("EEOC") in Manhattan against Citi alleging that they were laid off in November 2008 as a result of unlawful discrimination, specifically alleging that a glass ceiling exists at Citi and that in the latest round of layoffs, lesser qualified or under-performing male employees were retained at the expense of female employees.

/regulation

Markit launches multi-dealer valuation platform

Markit, a financial information services company, today announced the launch of the first multi-bank, cross-asset client valuations platform.

/wholesale

CitiFX Pro US dollar margin covered by FDIC insurance

Citi announced today that it will offer Federal Deposit Insurance Corporation (FDIC) insurance on US dollar deposits placed as margin for trading on CitiFX Pro, Citi's online margin FX trading platform.

/retail

Citi launches online remittance platform for Indian community

Citibank N.A. today announced the launch of Citi Online Remit, a new online money transfer service to India. Citi Online Remit provides Non Resident Indians (NRIs) the facility to transfer funds to India from any US Checking/Savings account or using a US Credit/Debit Card as a direct transfer into the beneficiary's Bank account or as a draft couriered to the beneficiary's mailing address in India.

/retail

Citi completes sale of Indian IT arm to Wipro

Citi today announced the successful completion of the sale of Citi Technology Services Ltd. (India), the India-based captive provider of information technology services and solutions to Citi entities worldwide, to Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT), for all cash consideration of $127 million.

/wholesale

Concept Capital hires Citigroup veteran Robert Moore

Concept Capital, a leading institutional broker and total solutions provider for global investment managers, today announced the appointment of former Citigroup executive and industry trading veteran, Robert E. Moore, as Managing Director and head of the firm's global institutional trading and research business.

/wealth

Morgan Stanley and Citi merge wealth management businesses

Morgan Stanley (NYSE: MS) and Citi (NYSE: C) today announced they have reached a definitive agreement to combine Morgan Stanley's Global Wealth Management Group and Citi's Smith Barney, Quilter in the UK, and Smith Barney Australia into a new joint venture to be called Morgan Stanley Smith Barney.

/retail

Citi chosen by Schering-Plough as commercial card provider

Citi today announced that its Global Transaction Services business has been selected as the preferred global commercial card provider for Schering-Plough Corporation.

/wholesale

Bravura finalises Citi outsourcing agreement

Bravura Solutions Limited (Bravura), a global supplier of wealth management applications and professional services, and Citi's Global Transaction Services, have finalized an outsourcing agreement for the provision of transfer agency technology services to Citi's Securities and Fund Services business in the European Region.

/wholesale

SIFMA and ASF form US covered bonds council

The Securities Industry and Financial Markets Association (SIFMA) and the American Securitization forum (ASF) today announced the creation of a U.S. Covered Bonds Council.

/retail

Citi and Amazon form rewards programme partnership

Today, Citi's ThankYou Rewards Network, a world-class loyalty program, unveiled a new rewards experience that allows its members to redeem ThankYou Points for products fulfilled through Amazon.com.

/retail

Xoom introduces money transfer to Banco Cuscatlan and Banco Uno accounts

Xoom.com, the fastest-growing online money transfer company, today announced the launch of their Bank Deposit service to Banco Cuscatlan, Banco Uno, now Citibank, in El Salvador, Guatemala, Honduras, Nicaragua, Panama and Costa Rica.