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The Latest Breaking News from Citi

Is A Recession Looming? Two Big Bank CEOs See It That Way

Recession is likely, Citi's CEO told a Senate panel today, a sentiment echoed by JP Morgan's chief executive last week.

Kiplinger

Sen. Robert Menendez, facing bribery charges, stumps bank CEOs by asking how much their firms paid in settlements for allegedly ripping off consumers

The indicted senator expressed staunch support for the CFPB, which is under a legal threat of its own.

Fortune

Members of Navy Federal CU have exclusive access to this lucrative cash back card

Joining Navy Fed gets you access to this card that pays up to 1.75% on all purchases with no limits.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Unique 3% cash-back categories for flexible spending

The Bank of America Customized Cash Rewards card offers flexible 3% cash-back categories plus up to 75% more rewards for BofA Preferred Rewards members.

Fortune

TD Cash Credit Card: Cardholders can personalize their spending categories to increase their rewards potential

The TD Cash Credit Card is a $0 annual fee card that allows cardholders to choose a spending category to earn 3% and 2% cash back every quarter.

Fortune

How to talk about a war at work: Sometimes the bravest stance is not taking a stance

In a divided, violent world, leaders’ humility, willingness to listen, and core values are what matter most.

Fortune

Want 2% or more back on every purchase? A cash back credit card can help

Cash back credit cards can be an excellent way for responsible card holders to save a bit of money on purchases, but how do they work? Learn more here.

Fortune

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Online Lender Enova Banned From Offering Short-Term Loans

Enova has agreed to pay a $15 million fine to settle charges, including illegally withdrawing funds from consumer bank accounts, the CFPB says.

Kiplinger

"They all started laughing because they couldn't believe the logo actually came from that first dumb sketch," Paula Scher on creating visual identities

The Pentagram partner explains her design process, which starts with a simple sketch...

Creative Bloq

Best travel credit cards of 2024

We analyzed more than 50 cards to find the best travel credit cards.

Fortune

Wells Fargo Autograph Visa Card review: A travel rewards card for the budget-conscious consumer

Our comprehensive review of the Wells Autograph Card’s benefits, welcome bonus and how it compares against competitors.

Fortune

U.S. Bank Shopper Cash Rewards™ Visa Signature® Card: Major cash back at your favorite stores and no annual fee the first year

Earn rewards in rotating categories each quarter and flat-rate cash back all year round.

Fortune

Citi Fined For Denying Credit Cards To Armenian Americans

Citi to pay $25.9 million for discrimination issues including lying to Armenian Americans about why they were denied credit cards, CFPB says.

Kiplinger

We ranked the best airline rewards cards available in 2024

These cards offer competitive rewards, big welcome bonuses, and loads of extra perks.

Fortune

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Fortune

This rewards card from Upgrade pays you 2.2% back on all purchases

Earn cash back on purchases and pay off your balance in fixed installments over time.

The Independent UK

Citigroup discriminated against Armenian Americans, federal regulator says; bank fined $25.9 million

Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said Wednesday

Fortune

TD Double Up Credit Card: a straightforward 2% cash-back card available to residents of select states

If you’re looking for a $0 annual fee card, try the TD Double Up Card, a 2% cash-back card—you’ll just need to be an East Coast resident to sign up.

Fortune

Fifth Third 1% Cash/Back Card: The absolute best 0% intro APR offered by a rewards credit card

The ability to avoid interest for a whopping 21 months on both purchases and balance transfers is extremely rare—and virtually unheard of for a rewards credit card.

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news in one place.

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Fortune

Citigroup boss Jane Fraser’s ‘Project Bora Bora’ could reportedly see 10% of staff laid off at the Wall Street giant

The banking titan could lay off thousands of staffers.

The Guardian - UK

Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022

Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

Fortune

Wall Street is obsessed with AI. From the 'new electricity' to the next gold rush, here's how top analysts see the tech revolution playing out

Fortune analyzed hundreds of pages of AI reports from investment banks, hedge funds, and research firms. They say it will change everything—eventually.

Fortune

How Citi threaded the Israel-Gaza needle

Unpacking the CEO's approach.

The Independent UK

Citibank fires banker for Instagram message saying ‘no wonder Hitler wanted to get rid’ of Jewish people

Finance specialist wrote the post in response to a deadly explosion at a hospital in the embattled Gaza Strip

The Independent UK

UK economy in ‘horrible bind’ as recession looms with no room for tax cuts, say experts

Britain in for ‘protracted period of high taxes and tight spending’, says Institute for Fiscal Studies

The Independent UK

UK economy in ‘horrible’ bind with no room for tax cuts as recession looms – IFS

Britain is heading towards a recession next year as borrowing costs stay elevated, the IFS warned in its latest Green Budget.

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