Search results
Results from the WOW.Com Content Network
Citi will pay $61 million to the Fed and $75 million to the OCC as part of this round of penalties. In a statement, Fraser acknowledged the bank hasn't made progress quickly enough and that it is ...
A federal appeals court on Tuesday said a Citigroup vice president was not entitled to a share of a $400 million civil fine that the bank agreed to pay in October 2020 over its risk management ...
Smiley v. Citibank, 517 U.S. 735 (1996), is a U.S. Supreme Court decision upholding a regulation of the Comptroller of Currency which included credit card late fees and other penalties within the definition of interest and thus prevented individual states from limiting them when charged by nationally-chartered banks.
Last quarter Citi gave a full-year revenue target of $80 billion to $81 billion, which Mason told the Goldman audience they’ll likely be on the higher end of, with expenses also expected to come ...
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards.
Gone in 60 Seconds was a fraud scheme uncovered in 2012 involving the theft of over $1 million from Citibank using cash advance kiosks at casinos located in Southern California and Nevada. [ 1 ] Working scheme
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.
Citibank, N.A. ("N. A." stands for "National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation. [2] Citibank was founded in 1812 as City Bank of New York , and later became First National City Bank of New York . [ 3 ]