CitibankIndustry News

From Bloomberg Law: Citigroup Inc. hired Ryan Rugg from International Business Machines Corp. to oversee the bank’s work with digital assets inside its treasury unit. Rugg was most recently head of the Americas blockchain team...

From Bloomberg Law: Citigroup Inc. has sued Revlon Inc. in a bid to resolve a nagging legal question that emerged after the bank mistakenly wired $900 million to the cosmetics giant’s lenders and intensified after...

From Reuters: * Citi couldn’t be only bank to stop leveraged lending * 2007 quote had “nothing to do” with mortgage crisis NEW YORK, April 8 (Reuters) - Charles “Chuck” Prince’s infamous comment that his bank was...

From Law360: By Jon Hill (August 15, 2022, 8:55 PM EDT) -- Citibank NA has asked a New York federal judge to rule that it can stand in as a creditor in Revlon's bankruptcy case...

From Reuters: LONDON (Reuters) - A former Citigroup C.N foreign exchange trader is to challenge his dismissal at a London court on Tuesday, potentially the first of many such cases in the wake of the...

From Bloomberg Law: Citigroup Inc. dealmaker Jan Skarbek, one of the UK’s most high-profile investment bankers, has resigned from the firm amid an ongoing probe, people with knowledge of the matter said. The US lender...

From Bloomberg Law: Bond investors who force lopsided ESG agendas on impoverished nations risk harming some of the world’s most vulnerable populations, according to the head of impact at climate finance advisory firm Pollination Group. Zoe...

From Reuters: (Adds details in second paragraph on nature of Citi’s services, writes through) LONDON, July 29 (Reuters) - Citigroup Inc has hired a physical iron ore trader from Deutsche Bank AG to head its global...