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Category Citi Group

HSBC falls short on pre-tax profits

HSBC falls short on pre-tax profits

HSBC Holdings reported a 26% and 29% slip in its first-half and YoY pretax profits, respectively, as bad debts in China continued to pile up.
U.S. biggest banks expand share of market profits

U.S. biggest banks expand share of market profits

In the competitive arena of U.S. banking, the four largest lenders – JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup – have firmly soli...
Citi unveils blockchain-based token services to revolutionize institutional finance

Citi unveils blockchain-based token services to revolutionize institutional finance

Citi Treasury and Trade Solutions (TTS) has announced the launch of Citi Token Services, a blockchain-based platform designed to enhance cash manag...