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798 Results from "Citi"

/people

Citi hires former US trade representative Robert Lighthizer to advise on tariff implications

Citigroup has hired Robert Lighthizer, former US Trade Representative, as a senior advisor on global trade.

/crypto

Stablecoins could reach $3.7 trillion by 2030 - Citi

The changing regulatory landscape being driven by the Trump administration could see 2025 being blockchain's 'ChatGPT' moment and also drive huge growth in stablecoins, according to research from Citi.

/payments

Citi 'near miss' briefly credits client account with $81 trillion

A fat finger error last year saw Citigroup credit a customer account with $81 trillion instead of the $280 it meant to send, according to the Financial Times.

/regulation

Citi, HSBC, Morgan Stanley, RBC fined for disclosing UK bond pricing

UK regulator, the Competition and Markets Authority (CMA) has fined Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada £104.5 million for sharing sensitive information about UK bonds between 2009 and 2013.

/wholesale

Capital on Tap scores £750m in funding facilities

London-based small business credit card provider Capital on Tap has secured £750 million in funding facilities.

/wholesale

Citi and PayPal join $18.5 million round in Finmo

The venture arms of Citi and PayPal have joined with Quona Capital to support an $18.5 million investment round in treasury operating system Finmo.

/payments

Citi Flex Pay comes to Apple Pay

Citi is bringing buy now, pay later to Apple Pay, enabling card holders to split purchases into fixed monthly payments.

/ai

Agentic AI: Citi GPS explores future of finance in the ‘do it for me’ economy

Citi GPS, Citi’s thought leadership product, last week released a report exploring the transformative potential of agentic artificial intelligence (AI), a cutting-edge advancement enabling AI systems to make decisions and execute tasks autonomously.

/sustainable

US banks leave Net-Zero Banking Alliance

As Donald Trump returns to the White House, JPMorgan Chase has followed a host of other US banks in quitting the Net-Zero Banking Alliance.

/startups

Citi invests in mortgage infrastructure platform Pylon

Citi has invested in programmatic mortgage infrastructure provider Pylon. Financial terms were not disclosed.

/regulation

Citi under investigation by US federal agencies over Russian oligarch ties – Barron’s

Citigroup is facing investigation from a number of US government agencies for its connections to sanctioned Russian billionaire Suleiman Abusaidovich Kerimov.

/cloud

Citi signs with Google Cloud for AI

Citi has inked a multi-year agreement with Google Cloud that will see the US banking giant tap into the vendor's Vertex AI platform.