Search Results for: Citi
CFPB Orders Citi Subsidiaries to Pay $28.8 Million
January 24th, 2017
CFPB Orders Citi Subsidiaries to Pay $28.8 Million for Giving the Runaround to Borrowers Trying to Save Their Homes Mortgage Servicers Kept Borrowers in the Dark About Options, Demanded Excessive Paperwork The Consumer Financial Protection Bureau (CFPB) today took ...
CFTC Orders Citigroup Global Markets to Pay $25 Million
January 20th, 2017
CFTC Orders Citigroup Global Markets Inc. to Pay $25 Million for Spoofing in U.S. Treasury Futures Markets and for Related Supervision Failures Five Traders at Citigroup Global Markets Inc. Placed More Than 2,500 Orders with the Intent to Cancel ...
SFC bans a former employee of Citibank for six months
January 5th, 2017
The Securities and Futures Commission (SFC) has banned Mr Cheung Kwan Po, a former employee of Citibank (Hong Kong) Limited (Citibank), from re-entering the industry for six months from 5 January 2017 to 4 July 2017 (Note 1). The ...
Individual charged for soliciting at least $906,000 in a Forex fraud
December 29th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Southern District of New York, charging Brett G. Hartshorn of Sarasota, Florida, with fraudulently soliciting and/or managing at least $906,000 ...
PayPal Partners with Citi and FIS to Drive Incremental Spend
December 16th, 2016
Partnership has become a core part of PayPal’s strategy, allowing us to provide a new level of financial choice and flexibility to our customers. Over the last few months, we have partnered with Visa and MasterCard to offer greater ...
Kuwait ranks among top ten Middle East cities to live in
December 5th, 2016
In a new survey by Bayt.com titled ‘Top Cities in the Middle East and North Africa’, Kuwait City ranked among in the Top 10 Cities to live in. In Kuwait City, 40 percent of the citizens were happy about ...
Dubai named among world’s most reputable cities; Which city take the first place and which are taking the last spots
November 14th, 2016
Dubai has been named among the most reputable cites in the world, according to Boston-based The Reputation Institute, a reputation-management consulting firm. In its 2016 City RepTrak report, the emirate was placed Dubai 38th globally with Sydney, Australia, taking ...
Citibank Launches Challenge to Apple and Google With Citi Pay
November 11th, 2016
Citi is the latest company to enter the mobile wallet wars, which is dominated by Apple Pay, Android Pay, PayPal, Samsung Pay, and others. On Thursday, the finance titan unveiled Citi Pay, a new mobile wallet for Android phone ...
In China, Two Cities Mirror Blockchain-Bitcoin Divide
October 17th, 2016
Beijing and Shanghai, China’s two most populous and developed cities, are often reminiscent of two siblings. They are similar, but each has its own distinct character. In this light, some rivalry is as inevitable, and it’s now spilling over ...
Dubai and Abu Dhabi named Middle East’s most sustainable cities
September 15th, 2016
Dubai has been named as the region’s most sustainable city, but it still falls in the bottom half of a new global ranking of 100 major cities. Construction consultancy Arcadis has placed Dubai 52nd in its 2016 Sustainable Cities ...
