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Citibank

Latest Headlines

Latest Headlines

As Chase kills two more fees, banks fight for customers

Are the largest banks spooked by the public backlash against Bank of America's debit card fee foray, the fallout of which has engulfed them all? To be sure, we've seen banks beat a fast retreat from their debit card fee plans. Several banks, including JPMorgan Chase and Wells Fargo, cancel

Citibank COO to take over as president of S&P

Deven Sharma's decision to step down as president of beleaguered Standard & Poor's could easily be interpreted as a move by the board to appease its many critics and government investigators. But according to the New York Times , the decision was more complex and was set in motion even befo

Epsilon breach should strike fear in hearts of companies

The breach at Epsilon, the Dallas online marketing vendor to more than 2,000 businesses, generated a lot of headlines. Should companies be all that worried? In one view, this is a much less serious

Louisiana foreclosure trial leads to more bad press for Citi

We noted recently how the foreclosure fiasco was ready made for the media and politicians. Great video, great sounds bites, great pictures, great human drama, exactly what drives journalists. You should assume that every media outlet in the country is working on a story that features a foreclosure

Biometric eye scans to soar at banks?

If you enter the Bank of America headquarters in Charlotte, N.C., chances are your eyes will be scanned biometrically by technology created by Global Rainmakers, a biometric security firm known for

Dodd-Frank sears through Wall Street banks; IT hiring to spike?

Dodd-Frank has already affected many banks, which are still rushing to figure out the nuts and bolts of every mandate. The law is comprehensive in scope. So at JPMorgan Chase, executives and managers

A glimpse of the future of mobile banking

Mobile banking in the United States has been making impressive gains in usage, reflected by the launch of higher-end services by top banks. JPMorgan Chase's (NYSE: JPM ) new remote deposit app falls

Upgraded Zeus Trojan takes aim at banks

Zeus is well-known among bank security experts as perhaps the most pernicious of all Trojans, which seek to infect individual computers for nefarious purposes. The makers of Zeus, whoever they are,

Why big banks can't win

When it comes to customer satisfaction and reputation, it's hard for big banks to win. This has long been evident in the customer satisfaction research by Forrester. Large banks tend to fare poorly, and this year was no exception. Bank of America ( BAC ), Chase, Capital One, TD/Commerce, Fifth T

What to make of the Citi attack?

So was Citigroup really attacked by sophisticated Russian cyber thieves who made off with millions of dollars? No less than the Wall Street Journal reported as much not too long ago. Citigroup's