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Citigroup

$38,400,000,000 in Deposit Flight Hits Wells Fargo and Citigroup in One Year As JPMorgan Chase CEO Issues Warning To Federal Reserve

New numbers show two of the largest banks in the US are witnessing billions of dollars in deposit flight. Quarterly…

April 20, 2024

Barclays, Citi, Mastercard and Visa Joining UK Pilot for Tokenized Deposits Testing: Report

Leading banks and credit card giants are reportedly now participating in a tokenized deposits pilot project launched by industry body…

April 17, 2024

JPMorgan Chase, Bank of America and Six Financial Giants Pay $70,000,000 Settlement Over Allegations of ‘Widespread Fraud and Collusion’

Eight financial giants are shelling out tens of millions of dollars to settle a decade-long whistleblower lawsuit. JPMorgan Chase, Bank…

March 23, 2024

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Risk Losing $24,400,000,000 As Number of Troubled Loans Erupt: Report

Optimism in the US banking industry is being threatened by a growing pile of bad loans, putting pressure on the…

January 14, 2024

$181,034,960,000 in Fines Paid by Big Four US Banks As JPMorgan CEO Jamie Dimon Says Crypto’s for ‘Criminals’

Hundreds of billions of dollars worth of fines have been paid by the four biggest banks in the US as…

December 7, 2023

$40,000,000,000 in Unrealized Losses Hits JPMorgan Chase As Bank of America, Wells Fargo and Citigroup Face Exposure to US Treasuries: Report

JPMorgan Chase has quietly revealed tens of billions of dollars in losses on securities, according to a new report on…

November 3, 2023

Banking Giant Citigroup Launches Private Blockchain To Transform Client Deposits Into Digital Tokens: Report

Financial services and banking giant Citigroup is reportedly launching a unique private blockchain for its clients. According to a new…

September 18, 2023

JPMorgan Chase Suffers $1,100,000,000 Loss As Six US Banks Execute Massive Write-Offs: Report

The largest banks in the US are reportedly taking big hits to their bottom line as borrowers default on billions…

July 12, 2023

Four US Banking Giants Now Have $205,000,000,000 in Unrealized Losses Sitting on Balance Sheets: Report

The four largest banks in the US now have a total of $205 billion in unrealized losses on their balance…

July 3, 2023

XRP Stalls As Citigroup Reconsiders Partnership With Company Ripple Bought for $250,000,000: Report

XRP is printing a stagnant price performance as a major bank reportedly reevaluates its partnership with a company Ripple purchased…

July 3, 2023