BankingFeatured‘Project Bora Bora’ starts as Citigroup undertakes its largest overhaulIFM CorrespondentNovember 21, 2023 by IFM CorrespondentNovember 21, 2023 Reports suggest that the job cuts will affect thousands of the Citigroup staff... Read more
Business LeadersFeaturedBusiness Leader of the Week: Meet Richard Fairbank, Capital One’s guiding forceIFM CorrespondentJuly 28, 2023October 10, 2023 by IFM CorrespondentJuly 28, 2023October 10, 2023 Richard Fairbank is one of the longest-serving CEOs with 28 years at the helm of Capital One... Read more
Business LeadersFeaturedCiti appoints new treasury global head from Capital OneIFM CorrespondentOctober 20, 2021 by IFM CorrespondentOctober 20, 2021 Naveed Anwar will begin his tenure at Citi from November 1... Read more
FeaturedTechnologyCiti launches tech hub in Bahrain in partnership with TamkeenIFM CorrespondentSeptember 28, 2021September 29, 2021 by IFM CorrespondentSeptember 28, 2021September 29, 2021 The digital hub will provide 1,000 jobs to coders over the next 10 years... Read more
BankingFeaturedCitigroup to exit Venezuela after more than 100 yearsWebAdminJuly 15, 2021 by WebAdminJuly 15, 2021 The lender will sell its operations to Banco Nacional de Crédito (BNC)... Read more
FeaturedWealth ManagementCiti’s wealth management unit in UAE to triple AUM to $15 bnPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021 The bank plans to do the same over the next 5 years by increasing the number of client-relationship manager... Read more
MagazineTechnologyShould Google and Facebook be venturing into banking?International FinanceJanuary 16, 2020April 2, 2020 by International FinanceJanuary 16, 2020April 2, 2020 A never-ending quest for more data and control over customers is forcing Google and Facebook to make a banking play – what could go wrong?... Read more
BankingBank of America hires Saudi investment banking headInternational Finance DeskNovember 13, 2019 by International Finance DeskNovember 13, 2019 Saud Al Tassan has previously worked at NCB Capital and Banque Saudi Fransi... Read more
BankingUK banks face class action suit by investors over forex riggingInternational Finance DeskAugust 1, 2019 by International Finance DeskAugust 1, 2019 The lawsuit is funded by litigation funding firm Therium and led by the former pensions regulator chair... Read more
BankingCitigroup, Grab launch co-branded credit cards to boost customer baseInternational Finance DeskJune 11, 2019 by International Finance DeskJune 11, 2019 The decision comes as part of the bank’s plan to increase its Asian customer base by approximately 13 percent... Read more