Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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LATEST

Citi announces new Chairman of the Board

Citi HQ & One Canada Square building - Canary Wharf

Citi’s Board of Directors has announced that Chairman Michael O’Neill will retire on January 1, 2019 and the Board has selected John C. Dugan to succeed O’Neill as Chairman on that date.

HOT LIST

Investor Seeks $383m From Citi Over 'Complex' Products

Saudi businessman Ghazi Abbar, who claims in an affidavit he lost $383m of his family's fortune on investments with Citigroup Inc., was sold one of the transactions even though the bank questioned his ability to properly manage them, according to an internal memo.

Fingers In Ears

Barclays in Anti-Gay Bill Discussions

Barclays has raised the subject of Uganda’s pending Anti-Homosexuality Bill with the country’s government, after coming under pressure from the online social activist group Change.org.

People News - Citi, Moelis & Co

Citigroup has promoted Jose Cogolludo to be global head of commodities, replacing Stuart Staley, who was recently named head of its Asian markets and securities services business.

7 top firms, 7 problems, errors or set-backs

No less than 7 top firms have gone / are going through difficulties of one kind or another - and that's in addition to the 'normal' issues banks are having related to regulation, capital requirements and the malaise in fixed income.

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Citi Building Sign

People News - Citi, C Suiise, JPMorgan

Citigroup on Thursday named David Livingstone as head of its operations in Europe, the Middle East and Africa region, in place of Jim Cowles, according to a memo seen by Reuters.