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...He said (inaudible) a card game, which is basically a maths game. I heard you’re good at maths. You should enter that game and if you win you can get a job in. And that’s what I did....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...DIANE GLOSSMAN: You had on the one hand Citi that had a huge business around the globe, known to be an innovator in technology and credit card....
...Tens of millions of households have a debit card with Bank of America or Chase or Citi. And, you know, many thousands of businesses borrow money from them....
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...”, Citi’s digital payments service, treasury and trade solutions....
...“At the time you could use a mainland credit card to pay for anything in Hong Kong,” says Stewart Aldcroft, Asia chair of Cititrust, an arm of Citibank....
...Homemade masks, coronavirus-themed greetings cards and other pandemic-related items will also join the collection, providing a permanent record for future generations....
...For Citibank, this could become a way to access retail deposits at scale — and to draw in millions of new customers....
...A retest of the all-time highs at $1,924 is on the cards before year end.”...
...’s customers were spending 30 per cent less on their credit cards....
...But, with markets now well ahead of the economic reality, a correction remains on the cards over coming months.”...
...Payment holidays on credit cards, mortgages and rents are also masking the current stress on loan books....
...“I don’t think it’s a V-recovery,” he says. “An elongated U is perfectly possible. I’m a conservative. I plan for the worst and hope for better....
...Citibank has partnered with Paytm to launch India’s first physical unlimited cashback credit card and it has also launched co-branded credit cards with start-ups including Grab this year....
...This spring, US customers of Citibank who opened and used a new current account received 30,000 reward miles on American Airlines, enough to buy a one-way economy ticket within the US....
...Barclays, Citi, JPMorgan and RBS declined to comment, while UBS has yet to respond to the case....
...Here’s Citigroup: Citi’s Take — All things considered, we think Purplebricks has reported a solid set of results for FY20, although we think investors will likely focus on the outlook....
...New targets were set for Citibank’s consumer operations in Asia and Mexico, but the main emphasis fell on recharging the big US division, in both retail banking and cards....
...“We have expanded some other functions in Dublin such as commercial [credit] cards and agency and trust services,” he says....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Mr McGuire’s move from a key operational role and the trio of departures announced on Tuesday come less than a month after Citi’s global head of cards Jud Linville stepped down as part of a restructuring...
...asks Ronit Ghose, banks analyst at Citi. Some investors are wary of American hegemony at a time of tensions over global trade and rising nationalism....
...card....
...It’s getting like the old Citibank/Citicorp under Walter Wriston, says Dick Bove, a veteran analyst at Rafferty Capital Markets....
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