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US-based Citigroup has revealed its plans to cut 10% of its workforce in an effort to improve the bank’s results and stock price.
banks, banking, financial institutions, spend management
Citigroup has announced a delay in its strategy of developing a wholly-owned securities business in China in order to comply with the country’s data laws.
product launch, banking, online banking, digital banking, mobile banking, financial services, financial institutions
US-based Citigroup has completed its acquisition of the Deutsche Bank AH’s Mexican bank license to set up a separate institutional bank in the region.
acquisition, banking, online banking, digital banking, mobile banking, banking license
Members of the US banking community have launched a proof of concept (PoC) project that will explore the feasibility of an interoperable digital money platform known as the regulated liability network (RLN).
partnership, banks, DLT, digital currency, blockchain