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March 22, 2026

Citigroup Russia unit sale approved

America December 30, 2025

Citigroup Russia Unit Sale Approved, Setting Stage for $1.2B Loss

The long road out of Russia for Citigroup has reached a decisive turn. The bank said Monday its board has…

By Rihem Akkouche

US Chamber Backs Dismissal Of Citigroup 401(k) Suit

America March 11, 2024

US Chamber Backs Dismissal Of Citigroup 401(k) Suit

The U.S. Chamber of Commerce has thrown its weight behind Citigroup’s endeavor to quash a lawsuit alleging mismanagement of its…

By Rihem Akkouche

Shearman & Sterling

America September 6, 2023

Shearman & Sterling Welcomes Back Powerhouse Counsel Amid Monumental Merger

In a move comparable to a chess grandmaster reclaiming his throne, global law powerhouse Shearman & Sterling LLP declared the…

By Rihem Akkouche

Citi Bank

America August 25, 2022

Citigroup to Close Its Consumer And Commercial Banking Business in Russia

Wall Street giant Citigroup will close its consumer and commercial banking businesses in Russia and expects to incur about $170…

By Rochdi Rais

Citi Bank

Business March 1, 2021

Citi says Bitcoin could Replace the Mainstream Financial System, or it Will Disappear

Citi, a New York-based financial service company in a report that Bitcoin (BTC) could become the next “massive transformation” in…

By Rochdi Rais

CEO of Citigroup Michael Corbat

Business February 17, 2021

Citigroup loses case for retrieving $500 million, it mistakenly wired it to Revlon

Citigroup Inc, multi-national American investment bank had lost a legal battle to recover more than $500 million. The investment bank…

By Rochdi Rais

Business August 20, 2020

Citigroup sues for breach of contract over $900 million loan error

Citigroup scored a victory in the form of a temporary court order freezing $175 million that Brigade Capital Management failed…

By Jackie Allen

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