Citi Financial News

01.01 / 01:55

Citi Deloitte New Year Honours 2022: KPMG, Deloitte execs make the list

Senior leaders at KPMG and Deloitte are among the City figures recognised by the government in the New Year Honours list, despite criticism of how the Big Four accounting firms have handled public contracts during the pandemic and a recent rash of scandals.

31.12 / 21:33

Citi exits The biggest job moves of 2021: Staley exits Barclays, Fraser takes Citi reins and Orcel to UniCredit

This year saw some big houses change leadership. Here’s a quick roundup of some of the highest-profile people moves of 2021.

31.12 / 15:05

COST UPS Citi Fed Rate-Setting Panel Gets New Members in 2022 Amid Rate-Rise Expectations

Federal Reserve regional bank presidents who gain votes in the new year on the central bank’s interest-rate-setting committee are likely to strongly support raising borrowing costs to try to combat high inflation.

30.12 / 20:49

Citi Lawyer Meet the £1,200-an-hour ‘diva’ divorce lawyer expecting a Brexit boom

“I’ve for a very long time been the most expensive divorce lawyer in London,” Ayesha Vardag says from her plush wood-panelled office overlooking the dome of St Paul’s Cathedral and the statue of Lady Justice atop the Old Bailey.

30.12 / 12:23

Citi exits The biggest job moves of 2021: Staley exits Barclays, Fraser takes Citi reins and Orcel to UniCredit

This year saw some big houses change leadership. Here’s a quick roundup of some of the highest-profile people moves of 2021.

27.12 / 15:21

COST UPS Citi Citizens Jail Time UAE to impose jail time, high fines on those promoting rogue cryptos and scams

Crypto scams, rug pulls and other such cybercriminal activities have continued to act as a major bane for the cryptocurrency industry that is still striving for mainstream acceptance. In just the previous year, such scams cost investors over $7.7 billion after noting a record spike of 81%.

26.12 / 19:21

Facebook UPS Citi Digital India: Crypto-regulations, adoption will come, but can they bridge the digital divide?

Beowulf’s remark, “Do not grieve, wise warrior,” in the Old English epic poem seems to be making complete sense in the Indian crypto-context.

26.12 / 19:21

Blockchain Citi Digital Crypto Crime India police officer discusses crypto crime, warns against using unauthorized private wallets

Crypto crime and cyber crime is on the rise. There’s no denying this. Various methods, such as lucrative investment opportunities, illegitimate bank transfers and cryptocurrencies, are being used by fraudsters to dupe unassuming investors.

25.12 / 19:03

Citi Strategy Citigroup Citi continues withdrawal from consumer banking as Philippines unit sold

Citigroup agreed to sell its consumer-banking business in the Philippines to a local lender, pressing ahead with its strategy to exit most of its retail operations in Asia and switch gears to grow in wealth management.

23.12 / 12:32

Citi Strategy Citigroup Citi continues withdrawal from consumer banking as Philippines unit sold

23.12 / 01:33

Citi Career bob veteran Bank veteran Bob Wigley on 100-hour weeks: ‘I didn’t go home for two years. I worked non-stop’

Bob Wigley, the chair of UK Finance, knows all about the long-hours culture in banking that has been such a talking point over the last 18 months.

22.12 / 21:32

UPS Citi Hybrid work in the City for 2022: ‘A grand experiment in a new way of working’

The last 18 months has seen a fundamental shift in the way we work. As government guidance shifted, the City trudged in and out of the office, attempting to keep up with bumper workloads remotely.

22.12 / 19:53

Citi Landmark Top FCA staff body in last-minute charge to keep workers’ bonuses

The main staff group at the City's regulator has asked the watchdog to halt plans to scrap bonuses and to stop an "internally divisive" plan to pay London staff more than peers in other offices.

22.12 / 13:54

Citi Cooper Aware Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC

Crypto.com, the world’s fastest-growing cryptocurrency exchange headquartered in Hong Kong, announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.

22.12 / 04:23

Citi Waves JPMorgan elon Crypto, Elon Musk and neobanks: Best of the Fintech Files 2021

2021 was a wild year for the City and Wall Street, but was even wilder in the world of financial innovation.

21.12 / 17:57

UPS Citi Extreme This exec believes that countries will eventually give in to crypto

“What countries are realizing is they have to participate or they have to be left out.”

21.12 / 16:22

UPS Citi Banks halt Brexit relocations as European hiring seen ‘rapidly’ ramping up next year

Investment banks have scaled back their planned Brexit-related staff moves over the course of 2021, but senior dealmakers have warned that European hubs will still grow significantly in the future.

21.12 / 16:15

Citi Waves JPMorgan elon Crypto, Elon Musk and neobanks: Best of the Fintech Files 2021

2021 was a wild year for the City and Wall Street, but was even wilder in the world of financial innovation.

21.12 / 14:13

Citi Career bob veteran Bank veteran Bob Wigley on 100-hour weeks: ‘I didn’t go home for two years. I worked non-stop’

Bob Wigley, the chair of UK Finance, knows all about the long-hours culture in banking that has been such a talking point over the last 18 months.

21.12 / 14:05

UPS Citi Hybrid work in the City for 2022: ‘A grand experiment in a new way of working’

The last 18 months has seen a fundamental shift in the way we work. As government guidance shifted, the City trudged in and out of the office, attempting to keep up with bumper workloads remotely.

21.12 / 14:04

Citi Landmark Top FCA staff body in last-minute charge to keep workers’ bonuses

The main staff group at the City's regulator has asked the watchdog to halt plans to scrap bonuses and to stop an "internally divisive" plan to pay London staff more than peers in other offices.

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