Recent events
Recent events tied to this brand in public sources.
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2021
Citi announces sale of consumer finance businesses in 13 markets
Citi announced the sale of its consumer finance businesses in 13 markets, including Taiwan. Citi Taiwan said there was no confirmed timetable and that consumer finance operations would not change in the interim.
2021
Citi announces plan to exit personal banking in 13 markets
Citi announced a restructuring of its global consumer banking business and plans to exit its personal banking business in 13 markets, including China. The article says the plan does not involve Citi's corporate and institutional business in China.
2021
Solidatus raises £14 million in Series A funding
Solidatus announced that it raised £14 million in Series A funding. AlbionVC led the round, which also included HSBC Ventures and Citi.
2021
Citi launches futures execution algorithms
Citi announced the launch of a new suite of intelligent execution algorithms for global listed derivatives, engineered for futures markets and available across major exchanges in North America, Europe and Asia Pacific. The article notes that actual product introduction is dependent on applicable laws, regulations and approvals.
2020
KETOS closes $18 million Series B funding
KETOS announced that it had closed $18 million in financing. The round was led by Motley Fool Ventures, with participation from Citi and Illuminated Funds Group as new investors and several existing investors.
2020
AccessFintech completes $20 million Series B
AccessFintech announced the successful completion of a $20 million Series B financing led by Dawn Capital, with contributions from existing investors J.P. Morgan, Citi and Goldman Sachs and first-time participation by Deutsche Bank.
2020
Citi expands partnership with Netwealth
Citi expanded its partnership with Australia’s Netwealth to provide execution-to-custody services.
2020
Five banks become initial Trusple partners
BNP Paribas, Citi, DBS Bank, Deutsche Bank and Standard Chartered became Trusple's first five partner banks, as the platform began its gradual global rollout.
2020
Citi updates Citi Velocity Clarity
Citi enhanced its securities-services data platform Citi Velocity Clarity with an Integrated Reporting tool, expanded data, upgraded Open API functionality, and additional search features.
2020
Capitolis completes strategic investment from three financial institutions
Capitolis announced that it had completed a strategic investment from Citi, J.P. Morgan and State Street. The funds are intended to accelerate technology and product development and expand sales and marketing initiatives.
2020
Citi names Jane Fraser as its next CEO
Citigroup picked Jane Fraser as its next chief executive; she is to succeed Mike Corbat, who is retiring in February.
2020
Citi appoints Jane Fraser to its board
Citi appointed Jane Fraser to its board, effective immediately.
2020
Citi sued nine asset managers over repayment of the Revlon loan
Citi sued nine asset managers, alleging they owed the bank $108.7 million in connection with a mistaken repayment of a loan for cosmetics maker Revlon. The article reports the allegation, not a court determination.
2020
Google teams up with banks on mobile banking
Google announced a mobile-banking arrangement with eight U.S.-based banks. Customers are expected to access checking and savings accounts digitally through Google Pay, while partner banks handle the infrastructure, FDIC insurance, and other back-end technology. The service was scheduled to go live the following year.
2020
Citi and National Banking Association announce PPP loan purchasing partnership
Citi and the National Banking Association announced a program to create a facility through which Citi would buy Small Business Administration loans from minority-owned depository institutions.
2020
ICE announces public-private partnership to combat counterfeit PPE
U.S. Immigration and Customs Enforcement announced a partnership with companies including 3M, Amazon, Merck, Pfizer, Citi and Alibaba to help stop counterfeit face masks, coronavirus tests and other PPE and medical supplies from entering the U.S. market.
2020
Proxymity raises $20.5 million in strategic investment
Proxymity announced that it had raised $20.5 million in a strategic investment round from an industry-led consortium.
2020
Proxymity announces plan to become an independent entity
Proxymity announced that it would form its own entity through a global, industry-led consortium, separating from its development within Citi. The announcement described a future plan, not a completed spin-off.
2020
Citi appoints Zhang Shengxin as APAC Corporate Banking Chairman
Citi announced the appointment of Zhang Shengxin, general manager of Citibank (Taiwan), as APAC Corporate Banking Chairman, in addition to her existing Taiwan role.
2020
Citi appoints Chang Sheng-hsin as APAC Corporate Banking Chairman
Citi announced the appointment of Citi Taiwan general manager Chang Sheng-hsin as APAC Corporate Banking Chairman, in addition to her existing Taiwan role.