First Data Names JPMorgan Co-COO As Its New CEO April 29, 2013 Frank Bisignano, who also led JPMorgan's mortgage banking business in the wake of the mortgage crisis, will lead payments management company First Data at a time of great change in the payments industry.What's Behind Pandit's Resignation from Citigroup? October 16, 2012 Conflicts with Citigroup's board may have spurred the unexpected resignations of CEO Vikram Pandit and president/COO John P. Havens; Michael Corbat promoted from Citigroup's CEO of EMEA to CEO and director of Board.Citigroup Settles Shareholder Lawsuit For $590 Million August 29, 2012 Citigroup Inc agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets, one of the largest settlements stemming from the global financial crisis.Middle East Cyber Virus Signals a New Level of Malware Sophistication August 21, 2012 A Stuxnet-like virus, called Gauss, was discovered two weeks ago in the Middle East spying on banking transactions of Citibank and PayPal customers.Sandy Weill’s "Conversion" -- Why the Shock? July 26, 2012 Sandy Weill changed his mind about the structure of big banks. Why is everyone so surprised?Big Four Banks Expected to Post Profits For Second Quarter, Report Says July 16, 2012 A new report by SNL Financial says that the "big four" banks will post modest profits for the second quarter despite unsure economic conditions.Citigroup Hires New Head of Mobile Consumer Services June 29, 2012 Christy Wyatt, formerly of Motorola, will lead the company's online, mobile and ATM consumer banking operations.Banking and Baseball: It's All About Analytics June 05, 2012 At a recent SAS financial services conference, Moneyball and pep talks inspire financial services innovation.Epsilon Data Breach Emphasizes Need to Proactively Create Security Awareness April 05, 2011 Though it's not clear whether an attack is on the horizon, both bank and customer awareness can mitigate risk. E*Trade Tabs Ex-Citi Exec for Banking Division March 15, 2011 Former Citi executive Peter Knitzer to replace retiring Robert Burton as E*Trade Bank president.Citi CEO Pandit Applauds Intent of New Regulation, But Cautions That Basel III is Not Enough October 27, 2010 While Dodd-Frank and the CARD act have paved the way for a new level of consumer protection, U.S. financial institutions will have some uncertainty as to their affect until the regulators solidify the rules behind them. Where in some cases Basel III is a sSAP Appoints Don Trotta New Head of Global Financial Services October 21, 2009 SAP appoints Don Trotta new head of Global Financial Services; responsibilities include product strategy, development and market positioning in banking and insurance.Logan Allin Joins City National Bank As Manager, Business and Operations Strategy, Wealth Management Division August 18, 2009 Logan Allin joins City National Bank as manager, business and operations strategy, Wealth Management Division.Citi Reshuffles at the Senior Management Level July 09, 2009 MasterCard Names Ajay Banga COO June 22, 2009 Obama Seeking to Mend Bridges with Financial Services Industry March 27, 2009 Proposed New Financial Authority Would Oversee Troubled Holding Companies March 20, 2009 Citi Files for Reverse Stock Split, Exchange Offer March 19, 2009 Citi and Federal Govt. Reach Agreement Over Ownership Question February 27, 2009 U.S. Govt. Unveils Bank Buy-in Plan October 14, 2008
