Citigroup must face New York lawsuit over handling of fraud scams
A federal judge on Tuesday rejected Citigroup's bid to dismiss a lawsuit by New York Attorney General Letitia James claiming it failed to protect customers from online scammers and refused to reimburse customers who were victimized.
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.
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 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.
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,
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 ...
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 ...
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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 ...
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Why Did Citigroup Give Block Inc (SQ) Stock Buy Rating?
Block Inc (SQ) stock saw a modest uptick, ending the day at $86.96 which represents a slight increase of $0.58 or 0.67% from the prior close of $86.38. The stock opened at $87 and touched a low of $86 ...
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
Citigroup Slashes Jobs as Cost-Cutting Continues
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive ...
Better Warren Buffett Stock: Citigroup vs. Bank of America
Warren Buffett and his team at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) have long dabbled in bank stocks, owning almost ...
Citigroup Aims to Scale Up Wealth Unit
Citigroup’s wealth management unit reported improved results for the fourth quarter, with net income rising to $334 million ...
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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.
Citigroup Q4 Earnings Beat, Revenues Match Estimates, Stock Up
Strong IB revenues, along with lower expenses, support C's Q4 earnings. However, a decline in deposit balance is a headwind.