Citigroup News
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Citigroup Asks 600 US Staffers to Return to Office Full-Time
May 28 2024 // Citigroup has asked its 600 U.S. employees, who are eligible to work remotely, to return to office fulltime, it said on Friday as regulatory requirements make it hard for Wall Street banks to allow offsite work for roles...
Citigroup Urges Dismissal of New York’s ‘Misguided’ Lawsuit Over Online Scams
Apr 4 2024 // Citigroup on Tuesday urged a federal judge to dismiss New York Attorney General Letitia James’ lawsuit accusing its Citibank unit of failing to reimburse customers who fall victim to online scammers. While...
Citigroup Managing Director Sues Over Sexual Harassment
Nov 21 2023 // Citigroup was sued on Monday by a managing director who said a former top equities banker subjected her to sexual harassment and abuse including death threats. Ardith Lindsey said the New York-based bank, her employer...
Citigroup in Talks to Recoup Errant $500M Revlon Loan Payment
Dec 2 2022 // Citigroup Inc. is negotiating the return of about $500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon Inc., the now-bankrupt cosmetics company controlled by billionaire...
Citigroup Wins Appeal Over Mistaken Revlon Wire Transfer
Sep 12 2022 // Citigroup Inc. is entitled to recoup about $500 million of its own money that it accidentally wired Revlon Inc. lenders three years early, a U.S. appeals court said on Thursday. Reversing a lower court ruling, the 2nd U.S....
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