Citi Suspends Initiative to Create Digital Currency

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...

HSBC Adds FX Veteran Brent Donnelly from Citi

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...

Xapo Forms Advisory Board with Visa, Citi Visionaries

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

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...