Citi's new mobile app is a first crucial step to re-invention. Head of consumer banking, Stephen Bird, tells Euromoney the bank may have only a couple of years to convince customers it is the high-quality, always-connected partner with the services they want.
Citi’s $1 billion push ‘won’t alter’ Mexican dynamics
Banking: CEOs call for regulatory harmony, time to digest change
Brexit threatens eurozone, but region still crucial to global banks.
Citi rebrands in Mexico as HSBC signals it will stay
Citi seeks to commit to Mexico after Latin America withdrawal; HSBC injects capital but commitment questioned.
Dimon, Corbat and Gorman talk Brexit
The topic of Brexit was never going to be far from the minds of delegates at the annual meetings of the International Monetary Fund and the Institute of International Finance, both being held this week in Washington, DC. And on Friday afternoon, delegates got a chance to hear the views of three vocal US bank chief executives — Jamie Dimon of JP Morgan, Mike Corbat of Citi and James Gorman of Morgan Stanley.
Emerging Europe: Citi stands firm in CEE as rivals pull back
Collapsing investment banking volumes have prompted global players to pull back from emerging Europe over the past two years. But Citi’s Jim Cowles, CEO for EMEA, has alternative sources of revenue to fall back on.
Asia: Citi grabs a ride in taxi tie-up
Citi is joining up with the Singapore-based ride-hailing service Grab in a partnership that will allow people to burn credit card loyalty points in exchange for taxis – a world first.
Check your hedges, Citi warns corporates, amid Brexit FX volatility
The UK's decision to leave the EU has left corporates scrambling to review many aspects of their business to ensure they are able to withstand heightened volatility. Injecting a greater level of optionality into their hedging strategies is one way to protect themselves from increased uncertainty, says Citi.
Awards for Excellence 2016
World's best bank for financial institutions
World's best investment bank in the emerging markets
World's best bank for transaction services
Africa's best bank for financing
Asia's best bank for markets
Asia's best bank for transaction services
CEE's best investment bank
Central America and Caribbean's best investment bank
Latin America's best investment bank
Latin America's best bank for markets
Latin America's best bank for transaction services
Wealth management: Mansour's new style of family office
Global institutions like Citi are adept at managing the fortunes of the wise and wealthy, but Mohamed Mansour decided to build his own business to manage his family’s wealth and staff it with seasoned investment bankers. Six years on...
Citi sees the funny side
All change in the 2016 Euromoney FX rankings
Citi retains top ranking while Deutsche plummets.
FX: Fired currency traders fight back
Orient IPO brings Citi partner to Hong Kong market
Citi plots next stage of development in Asia
April 2016 Citi’s Asia-Pacific business is the ultimate test of its universal banking model. New regional CEO Francisco Aristeguieta knows he needs to build on its strong component parts, not just to maintain its position in Asia, but to push the bank forward globally.
Citi capitalizes on market retrenchment for Shell win
Best global bank 2015: Citi – Last man standing
Bird’s promotion recognises strengths of Citi Asia
Move raises profile of Asia Pacific; Bird heralds ‘Asia’s century’.
Citi's top TS banker eyes SME support
Naveed Sultan, global head of treasury and trade solutions (TTS) at Citi, explains the importance of developing SME and MME financing options, as the clout of transaction services to Citi's business strategy grows.
Trade finance: Citi grows global commodities as rivals exit
Buys trading portfolios from Credit Suisse, Deutsche; integration of commodities and banking paying off.
Private banking CIO outlook: Citi Private Bank
Steven Wieting, global chief investment strategist for Citi Private Bank, shares his firm's views on the surprises of 2014 and the market ahead.
Cutting the fat in FICC
Citi to launch new private-bank client technology
Citi Private Bank is set to launch its new client/banker technology platform at the end of February, with the hope it will be the industry standard for digitalization.
Corbat reconsiders Citi’s global resources
Citi: Taking share in flat markets
Since 2009, after John Havens had to slash headcount and reduce the investment banking business to serve far fewer customers, Citi has been fighting its way back to prominence.
Vikram Pandit and John Havens: Restructurning – The light comes on at Citi