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The Latest Breaking News from Citibank

Banker who got into double trouble for claiming 2 meals on expenses loses UK lawsuit over firing

A financial analyst who was fired by Citibank after claiming a two-sandwich lunch on expenses has lost a legal battle for wrongful dismissal

The Independent UK

Citibank wins lawsuit against former analyst who was dismissed for buying his partner meals then charging it to the company

Szabolcs Fekete claimed he had eaten two portions of pasta in one sitting, but the Citibank analyst later admitted his partner had been on the work trip with him.

Fortune

Banks Keep Financing Coal Despite Their Net-Zero Pledges Thanks to Massive Loophole

JPMorgan Chase, Bank of America, Citibank and Wells Fargo are among those putting big money into companies that operate coal plants.

Capital & Main

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The Disney-Charter cable TV dispute could cost Disney up to $2.3 billion—it all depends on how many customers ditch cable for good

Disney is banking on Charter’s customers switching to streaming services that carry Disney-owned channels.

Fortune

Wire transfer scam victims say banks could stop the fraud — but don’t

Consumers have lost billions through unwanted wire transfers, which don’t carry the same legal protections as debit or ATM transactions. The banks say they’re doing all they can to warn people about scams.

Chicago Sun-Times

Protect seniors from real-life horror show of financial exploitation

In one case, a Citi — or Citibank — executive allegedly used the sheen and reputation of a respected business to fleece her victims with a movie-making scam.

Chicago Sun-Times

Tamil writer Sivasankari talks about her memories of Mount Road

Writer sivasankari reminisces on Mount Road and her childhood and teenage

The Hindu

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How do you buy a home with little or no credit? Turn rent payments into credit score points

Zhiqiang Su, 50, and Yuping Liang, 50, moved from China to Chicago in 2020, seeking a life with better education opportunities for their now 21-year-old daughter and more freedom.

Chicago Tribune

Invest NI gave $90 billion bank that funds fossil fuels almost £40 million

They said the funding was for 2,000 jobs and they do no due diligence on the fossil fuel interests of companies

Belfast Live

W5 nature and climate exhibition sponsored by mega fossil fuel funder Citibank

Climate activists to stage a greenwashing protest outside the education attraction in Belfast

Belfast Live

Stocks Rally on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.75%. Stocks rose on tech-stock leadership, with the Nasdaq...

Barchart

Stocks Higher on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stocks are higher on tech stock leadership, with the...

Barchart

Markets Today: Stocks Slightly Higher on Resilient U.S. Economy

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.09%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.34%. Stocks are slightly higher after today’s U.S. durable goods orders report indicated resiliency in the U.S. economy. Today’s May U.S. durable goods orders report of...

Barchart

The Best Banks for High-Net-Worth Clients, 2026

We studied interest rates, fees, premium services and other account features. These banks rose to the top for high-net-worth clients.

Kiplinger

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The Hindu

ED issues notices to Xiaomi, 2 senior executives for FEMA 'violations' to the tune of ₹5,551 crore

The Enforcement Directorate (ED) on Friday said it had issued show cause notices to the Indian arm of Chinese mobile phone manufacturer Xiaomi, its chief financial officer and director Sameer B. Rao, former managing director Manu Kumar Jain and three foreign banks for alleged violations of the foreign exchange law…

Tribune News Service

Looking to apply for home equity lines of credit? Some larger banks have a pause on them

For homeowners looking to take out new applications for home equity lines of credit, they may be out of luck with some of the larger banks.

Fortune

Citibank CEO ‘very pleased’ First Republic’s demise eliminates the last big threat from banking's recent turmoil

With the collapse of the second-largest commercial lender in U.S. history, Citi’s Jane Fraser believes the financial sector is now poised to draw a line under the crisis.

The Guardian - US

Climate protesters call out US banks for funding fossil fuel projects

Offices of Citibank in New York and Wells Fargo in San Francisco targeted by activists urging shareholders to act

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Fortune

The 10 best personal loans for April 2023

We compared personal loans across 17 financial institutions and weighed loan amounts, terms, associated fees, customer service options, and more.

Asharq Al-Awsat

ICJ Rejects Iran's Bid to Release Assets Frozen by US

The International Court of Justice (ICJ) has rejected Iran's legal bid to release about $2 billion owned by the Markazi Bank frozen by the US. The Associated Press reported that the largest part of the case focused on Bank Markazi and its frozen assets of $1.75 billion in bonds and…

The Independent UK

Top UN court rejects Iranian bid to free assets frozen by US

The United Nations’ top court has rejected Tehran’s legal bid to free up some $2 billion in Iranian central bank assets frozen by U.S. authorities to be paid in compensation to victims of a 1983 bombing in Lebanon and other attacks linked to Iran

Fortune

'We view this as an irrational market,' Citigroup analysts worry that major bank stocks like Deutsche Bank are cratering for psychological reasons

Citi really fears the "knock-on impact from various media headlines on depositors psychologically," regardless of whether the initial reasoning was correct.

The Guardian - US

Older Americans protest against ‘dirty banks’ funding oil and gas projects

Protesters cut up credit cards and march to Washington branches of JPMorgan Chase, Citibank, Bank of America and Wells Fargo

The Guardian - UK

I paid £70,000 to fraudsters – can Santander help?

Scammers posed as Citibank agents and convinced me to buy a high-return investment bond

The Times of India

Axis Bank completes acquisition of Citi's India consumer business in Rs 11,603-crore deal

NEW DELHI: Private sector lender Axis Bank on Wednesday announced that it has completed acquisition of Citibank's consumer business and non-banking financial company (NBFC) consumer business.

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