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Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citi is incorporated in New York.

Bitcoin Has Potential to Become the ‘Currency of Choice’ for International Trade: Citi

March 1, 2021

Global bank Citi has published a report for clients on Bitcoin’s potential as an asset class, and pointed out in it the cryptocurrency has potential for a “massive transformation,” and could become the “curre...

Citigroup Assisting World Governments To Build Digital Currencies

December 5, 2020

Citigroup assisting world government to build digital currencies. Citigroup Chief Executive Michael Corbat said his bank is helping governments "around the world" to create digital sovereign currencies, other...

HSBC US CEO to Retire, Citi’s Michael Roberts to Take Place

July 9, 2019

HSBC Holdings plc announced this week that the current President and Chief Executive Officer (CEO) of its United States operations, Patrick Burke, is retiring and will be succeeded by Citigroup veteran Michae...

Citi Suspends Initiative to Create Digital Currency

March 18, 2019

Citigroup has shelved its plans to introduce a blockchain-based token. A March 18 a Coindesk report revealed that Gulru Atak, Citi’s chief of innovation lab and global head of innovation for treasury and tra...

Citigroup Switches up Markets and Securities Teams in China

February 15, 2019

Banking giant Citigroup announced two key changes to its Chinese business on Friday. Ji Yang has been appointed Head of Markets and Securities Services, and Vicky Tsai will be working as Head of Securities S...

HSBC Adds FX Veteran Brent Donnelly from Citi

March 16, 2017

HSBC has added foreign exchange (FX) specialist Brent Donnelly, who joins the lender from Citi to become an FX spot trader in the latest move for the group, according to an FX Week report. In his new role at...

Citi FX Veteran Richard Bibbey Joins HSBC to Head FX Cash Trading and Risk Unit

May 24, 2016

After nearly twenty years at Citigroup, Richard Bibbey is joining HSBC to become head of FX cash trading and risk management starting on June 20th, according to reports by Reuters IFR unit that cited HSBC con...

Citigroup Japan Adds Kuniyoshi Hayashi as Managing Director, Markets Head

June 4, 2015

Citigroup Inc has appointed Kuniyoshi Hayashi as its newest managing director and head of markets and securities services for Citigroup Global Markets Japan Inc., according to a recent Reuters report. In add...

Xapo Forms Advisory Board with Visa, Citi Visionaries

May 26, 2015

Bitcoin wallet and payment processor Xapo has announced the formation of its advisory board, naming all-star industry veterans Dee Hock, John Reed and Lawrence H. Summers. Hock is credited as the leading for...

Citigroup Undergoes Global Shakeup in Personnel

April 14, 2015

Citigroup has appointed Stephen Bird as its newest co-President and Head of its global consumer bank, succeeding Manuel Medina-Mora, who is slated to retire, according to a recent Dealbook statement. The lat...