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fromBusiness Insider
6 days ago

Citi poaches IBM exec to accelerate its AI ambitions: See the memo

Varshney comes from IBM, where he was the head of data and artificial intelligence for the technology pioneer's consulting business. At Citi, he will report to Anand Selva, the bank's chief operating officer; and will work closely with the firm's chief technology officer, David Griffiths, to scale AI across the company, according to a memo sent to Citi employees on Tuesday morning seen by Business Insider.
Artificial intelligence
Business
fromFortune
2 months ago

Citi CFO leans into AI as Q2 earnings surge past expectations

Citi reported a strong second quarter with a net income of $4 billion, up 25% year over year.
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fromTearsheet
2 months ago

A closer look at Citi's strategy for growing its TTS business in the 2025 BaaS landscape - Tearsheet

Citi CEO Jane Fraser described Citi's Treasury and Trade Solutions (TTS) as 'a thing of beauty,' emphasizing its alignment with the bank's strengths in global reach and local insight.
E-Commerce
NYC startup
fromFortune
2 months ago

BofA analyst raises price target for Citi to $100, takes bullish view of Fraser's restructuring

Citi's CEO Jane Fraser faces scrutiny but is making significant strategic changes for competitiveness.
fromBusiness Insider
2 months ago

Citi's 'accelerating' its AI strategy with new leaders. Here's how they're readying the firm for a new future.

We are focusing on accelerating our AI strategy-connecting teams and partners, prioritizing resources and expediting use cases across our businesses and functions.
Artificial intelligence
Remote teams
fromBusiness Insider
3 months ago

Citi challenges Wall Street norms with two weeks remote work in August

Citi embraces hybrid work by offering two weeks of remote work in August, distinguishing itself from traditional Wall Street firms.
fromTearsheet
5 months ago

How Citi is enabling banks to drive growth and remain competitive in a 24/7 world - Tearsheet

Fintechs challenge traditional banks to innovate by focusing on client experiences, and collaboration with global banks like Citi can enhance cross-border payment systems.
Cryptocurrency
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