Recent events
Recent events tied to this brand in public sources.
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2020
Citi Hong Kong partners with HKTVmall on a credit card
Citi Hong Kong partnered with HKTVmall on a specialized credit card featuring API-enabled instant application and approval, along with discounts and additional points on specified days.
2020
Citi acquires RBC’s Australian custody business
Citi acquired RBC’s Australian custody business, taking over its Australian client base. The article says Citi would become the country’s second-largest custodian behind JPMorgan.
2020
Citi increases investment in Komgo
Citi increased its equity investment in Komgo to allow the trade finance platform to continue developing.
2020
Nammu21 announces second financing round
Nammu21 announced a second financing round from Citi, with Galaxy Digital and Raptor Group Holdings also joining the round. Nammu21 described itself as a developer of a digitization and analytics platform for the finance ecosystem.
2020
Citi launches Citi Wealth Builder
Citi launched Citi Wealth Builder, a digital advisory platform for customers investing toward retirement goals. The platform is powered by Jemstep.
2020
Citi launches Citi Wealth Builder robo-adviser
Citi launched Citi Wealth Builder, a retail-facing robo-adviser that places investors into one of six ETF portfolios based on their questionnaire responses. The service is powered by Jemstep technology.
2020
Citi announces $150 million impact fund
Citi announced the launch of a $150 million fund that will invest its own capital in U.S.-based private companies seeking to generate positive societal impact, with an emphasis on businesses led or owned by women and minority entrepreneurs.
2020
YieldStreet partners with Citi for private-credit opportunities
YieldStreet announced a partnership with Citi to access investment opportunities across private credit markets, including real estate, aviation, shipping, telecommunications, and other structured credit products.
2020
Xerox secures financing commitments for proposed HP acquisition
Xerox told HP’s board that it had obtained $24 billion in binding financing commitments from Citi, Mizuho and Bank of America to finance its proposed acquisition of HP. The article describes the acquisition as a proposal, not a completed transaction.
2019
Citi and PayPal expand institutional payments partnership
Citi and PayPal announced an expansion of their partnership, enabling Citi’s institutional clients to make payments into customers’ PayPal digital wallets.
2019
Citi and Credit Suisse exit Ucommune IPO underwriting
Two unnamed sources said Citi and Credit Suisse had exited as underwriters for Ucommune's US IPO after failing to agree with the company on an achievable valuation.
2019
AccessFintech forms partnership with four banks
AccessFintech announced a partnership with Citi, Credit Suisse, Goldman Sachs and JP Morgan. The banks jointly launched a collaboration workflow using AccessFintech’s network, focused on settlements and supporting multiple asset classes.
2019
Citi names Rapid Addition a core FIX platform partner for currency trading
Citi appointed electronic trading platform provider Rapid Addition as one of its core FIX platform partners for currency trading and integrated Rapid Addition technology into its new spot foreign-exchange pricing technology.
2019
Citigroup fined by the Bank of England over regulatory information
The Bank of England fined Citigroup £44 million for submitting incomplete and inaccurate regulatory information between 2014 and 2018. The regulator said the bank's oversight and governance fell below expected standards.
2019
Citi wins eight FX Week Best Bank awards
Citi won awards in eight FX Week Best Bank categories; the awards were presented on November 20 in London.
2019
Citi extends Temenos Multifonds contract
Temenos announced that Citi had extended its existing contract for Temenos Multifonds Global Accounting for Citi’s global fund services business.
2019
Ursa secures $15 million in Series B funding
Ursa secured $15 million in Series B funding led by Razor’s Edge Ventures, with strategic investors including Citi and New York Ventures participating.
2019
Citi appoints Peter Babej as Asia-Pacific CEO
Citigroup announced Peter Babej’s appointment as chief executive officer for the Asia-Pacific region. He will be responsible for Citi’s businesses in 17 countries and jurisdictions in which it operates.
2019
Cashforce announces strategic banking partnership with Citi
Cashforce announced a global strategic banking partnership with Citi to jointly offer solutions to Citi's corporate clients.
2019
Citi updates its online money market fund investment portal
Citi introduced an updated online investment portal for money market funds, with redesigned user experience and additional research, analytics, automation, and customization features.