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The latest sign of weak economic growth came from the Federal Reserve Bank of Atlanta. Yesterday, the bank's GDPNow model projected first-quarter gross domestic product (GDP) to decline 2.8%.
Even as Fraser doubles down on hybrid work at Citi, the bank is spending big on new office space. Citi is spending £1 billion ($1.2 billion) to renovate its London office into a "workplace for ...
The SEC's letter to Citi, which was sent in June and disclosed on Wednesday, had asked the bank to revise future filings. In July, U.S. bank regulators fined Citi $136 million for making ...
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Citi’s Fraser said the bank was increasing its dividends by 6% as a result of the excess buffer. The Morgan Stanley report out today further elaborates on the impact of that extra cushion.
By Luc Cohen and Tatiana Bautzer. NEW YORK (Reuters) - New York state's attorney general's office said on Tuesday said it had sued Citibank for allegedly failing to protect customers from ...
First National City Bank of New York after 1955 James Stillman Rockefeller: 1959: 1967: First National City Bank after 1962 George S. Moore: 1967: 1970: First National City Corporation in 1968 Walter B. Wriston: 1970: 1984: Citicorp in 1974 John S. Reed: 1984: 2000: Co-chair of Citigroup after 1998 Sanford I. Weill: 1998: 2006: Co-chair 1998 ...
A class-action lawsuit seeks to punish Citibank for arbitrarily denying the applications and closing the accounts of people with Armenian-sounding last names under the aegis of fraud prevention.