Citi (C) upgrades central cash management and trade capabilities with the introduction of tokenized deposits and smart contracts through blockchain-based Citi Token Services.

Citigroup Inc (NYSE:C) has officially unveiled its private blockchain service Citi Token Services, a smart contract-based solution designed to support cross-border cash management and trade finance...

Citi's (C) new payment solutions are designed to improve the client experience that FIs offer to their end users.

(Kitco News) - Citigroup has announced the creation and pilot testing of the blockchain-based Citi Token Services for cash management and trade finance.

Citigroup Chief Client Officer David Livingstone says, “we now have a structure that speaks to our strategy,” as he explains the firm's management changes that will eliminate three regional chief r...

Banking heavyweights including Goldman Sachs and Morgan Stanley have announced a string of layoffs this year as part of a cost-cutting spree to better position themselves for a murky economic climate.

Citigroup has reportedly begun the layoff process after announcing a management overhaul on Wednesday (Sept. 13). Support staff in compliance and risk management at the bank are expected to be the ...

Citigroup (C) becomes the first digital custodian of BondbloX Bond Exchange platform. This will offer participants wider access to the global bond market.

Shares of Citigroup have declined by -15.76% over the past decade, but the company remains interesting with a strong loan-to-deposit ratio and consistent profitability. The banking industry faces c...

Rising oil prices and the cooling vehicle market have one thing in common: cars. Both developments impact vehicle sales and usage.

Citigroup Inc (NYSE:C) is reportedly cutting jobs in compliance and risk management as it carries out its biggest reorganisation in two decades.  Conversations are already taking place with staff, ...

As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most likely to lose their jobs, according to sources familiar with the situation.

Citigroup (C) simplifies its organization and eliminates extra management layers to make the decision-making process swifter, drive increased accountability and enhance the focus on clients.

Citigroup (C) shares rose after CEO Jane Fraser announced a new reorganization plan. The company, which currently operates with two divisions, will undergo a transformation into five separate divis...

Citi says it is embarking on a major restructuring of its organization that eliminates a number of management layers. The new structure, announced Wednesday (Sept.