Financial ServicesIndustry News

From Reuters: DUBAI (Reuters) - Citi launched on Monday a global technology hub at its Bahrain offices, the first of its kind in the region and with the aim of employing 1,000 coders over the...

From USA TODAY: A proposal from the Department of the Treasury aimed at decreasing tax avoidance has become the subject of misinformation online. One Facebook post claims the “new tax bill” would tax transactions exceeding ...

From TechCrunch: Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a...

From The Verge: PayPal is updating its mobile app with a new visual design, support for a high-yield savings account, and a way to find coupons in-app. In the past, the company prioritized sending and...

From Reuters: NEW YORK (Reuters) - Citigroup Inc blocked an attempt by Venezuelan state oil company PDVSA to make debt payments to a Siemens unit, a Citi executive testified on Wednesday in a U.S. trial...

From Law360: By Rachel Scharf (September 22, 2021, 7:14 PM EDT) -- Citigroup Inc. asked a New York federal judge Tuesday for access to records from the grand jury that indicted a former London-based trader...

From Bloomberg Law: Citigroup Inc. will begin sharing some data with cloud-storage software maker Snowflake Inc., a move that will help the bank reduce costs and streamline some of its post-trade processes. Any time a trade...

From CNBC: JPMorgan Chase has acquired college planning platform Frank to deepen relationships with students and their parents, CNBC has learned exclusively. Frank is an online portal with tools that help students apply for and negotiate...