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New York, Citigroup
Citigroup must face New York lawsuit over handling of fraud scams
A federal judge rejected a bid to dismiss a lawsuit by New York Attorney General Letitia James claiming it failed to protect customers.
Citigroup must explain fraud scam management, says New York judge
Citigroup faces legal challenges as fraud claims proceed, exposing flaws in its security systems & raising concerns over banks’ role in combating cybercrime.
Citigroup Fails to Shake New York's Online Fraud Safeguards Suit
Citigroup Inc. lost its bid to avoid some claims from New York Attorney General Letitia James (D) that its commercial banking unit failed to protect customers from online fraud, though a federal judge in Manhattan tossed several other claims against the bank alleging violations of state law.
Citigroup must face New York lawsuit over fraud scams
A federal judge on Tuesday rejected Citigroup's bid to dismiss a lawsuit by New York Attorney General Letitia James accusing its Citibank unit of failing to reimburse customers who fall victim to online scammers.
Citi must face NY AG suit over handling of fraud claims, Reuters reports
Citi (C)group must face a lawsuit by New York Attorney General Letitia James which alleges it failed to protect customers from online scammers
Citigroup loses bid to dismiss NY AG suit over fraud scams - report
A federal judge ruled against Citigroup (NYSE:C), allowing a lawsuit by New York Attorney General Letitia James to proceed, alleging the bank did not adequately safeguard customers against online fraud,
36m
on MSN
Citigroup stock hits 52-week high at $81.85 amid market rally
Citigroup Inc (NYSE:C). shares soared to a 52-week high of $81.85, marking a significant milestone for the banking giant as ...
5d
on MSN
Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that ...
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2h
Citigroup revises up 2025 oil price outlook
Citigroup revised up its 2025 oil price forecasts, citing geopolitical risks, albeit anticipates a price decline in the ...
5d
Citigroup axes more jobs as part of ongoing cost-cutting plan
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on ...
Money Morning
6d
Citigroup’s $20 Billion Buyback Plan Signals Strength: What Investors Need to Know
Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management ...
6d
on MSN
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
1h
Wall Street’s Biggest Banks' Long-Term Bond Supply Reaches Highest Level Since 2021
Banks are known to throw an avalanche of debt at investors after their earnings. This time the issuance trend looks particularly interesting. The amount of long-term bonds, expiring in about 20 to 30 ...
American Banker
4h
Inside Citi's quest to battle BNPL fintechs
The bank is among traditional financial institutions attempting to counter the gains rivals have made in buy now/pay later.
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Reuters
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London
Jane Fraser
JPMorgan Chase
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