Citibank
Citigroup CFO reveals $1 billion cost for massive restructuring
07 Dec 2023
Mark Mason, Chief Financial Officer of Citigroup, disclosed that the bank’s extensive restructuring is expected to incur charges of approximately $1 billion for restructuring and severance.
Citigroup to pay $1.13 bn to settle residential mortgage claims
08 Apr 2014
The settlement offer would relieve Citi from having to buy back mortgages sold to the trusts, but would not cover home loans sold through private-label securitisation trusts by Citi's consumer mortgage business
Citi to be first western bank to issue credit cards in China
07 Feb 2012
With China Banking Regulatory Commission granting it approval to launch its credit card business, Citigroup will become the first western bank to issue credit cards in mainland China
Citibank exec nabbed for Rs100-cr con job
29 Dec 2010
