Strategic shift from OTC clearing powerhouse to client support function marks the end of an era
Citi hires treasury execs from JP, Citadel in equities push
New recruits arrive as bank’s equities head looks to restructure and integrate clearing division
Rafi set to take helm of Citi clearing business
Reshuffle continues at leading clearer following senior departures
Citi clearing head departs for crypto firm
Senior departure is latest among swaps giant’s clearing ranks
Op risk data: firm-wide control fails cost Citi $400m; CRO exits
Also: Deutsche draws fire and AML fine over Danske trades. Data by ORX News
Citi turns to fintech to boost FCM interest income
Clearing giant is optimising its treasury function to combat low rates and CCP fee hikes
Op risk data: Revlon lenders won’t make up over Citi error
Also: Cyber fines on the up; and more fat-finger fails of yore. Data by ORX News
Op risk data: Citi fined $18m for failing to buy flood insurance
Also: VTB takes $535m hit from Mozambique loan fraud; Citadel Securities fined in China. Data by ORX News

Citi Credit Card Apple Pay Offer — Earn Up to $15 Back for Making a Few Easy Payments
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3 Easy-to-Avoid Mistakes When Redeeming Citi ThankYou Points
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