/data/photo/2020/12/10/5fd1bd33316ad.jpeg "Citigroup Will Leave the Indonesian Retail Banking Business")
JAKARTA, KOMPAS.com – Citigroup Inc. plans to make an overhaul of the segment consumer banking or retail banking globally. One of the steps that Citigroup will take is to get out of banking business retail in 13 countries, including Indonesia. CEO of Citi Indonesia Batara Sianturi said that Citi’s departure from the retail segment was … Read more
Deutsche Börse in Frankfurt The bull is a symbol for rising prices stands in front of the German stock exchange. – (Photo: dpa) – – – – Frankfurt The markets in the USA provide a good template for the German share index (Dax). Two out of three major US indices – the Dow Jones for … Read more
– CFO Daniel Drummer, CEO Raffael Johnen and COO Arie Wilder (from left) CEO Johnen had already admitted last year that the growth targets for 2020 could not be achieved. – (Photo: Auxmoney) – – – – Berlin The Auxmoney credit platform is gearing up for further growth. Auxmoney receives from Citigroup and Chenavari Investment … Read more
Wednesday 17th February 2021 500 million transferred incorrectly Citibank does not get any money back – Actually, Citibank, as Revlon’s loan administrator, is only supposed to transfer interest to the group’s creditors. Instead, she also transfers the entire loan amount. Not all recipients return the money. They don’t have to either, ruled a US court. … Read more
Düsseldorf Alleged “human error” costs the major US bank Citigroup almost half a billion dollars. In August 2020, the bank transferred a total of $ 893 million to several creditors as loan administrator for the cosmetics manufacturer Revlon, appearing to be repaying a loan that was actually not due until 2023. In fact, Citigroup said … Read more
View of Frankfurt at sunrise Several major foreign banks have chosen the Main metropolis as a hub for their European business. – (Photo: REUTERS) – – – – Frankfurt Two weeks after the completion of Brexit, an initial conclusion can be drawn for Germany as a financial center: According to the Federal Ministry of Finance, … Read more
The New York Stock Exchange fell sharply on Wednesday, shaken by indicators reflecting more strongly than expected the scale of the disaster caused in the United States by the restrictive measures intended to limit the spread of COVID-19. • Read also: The “Grand Confinement”: the 2020 crisis now has a name Its flagship index, the … Read more