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Citigroup Pty

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  • 15 items found

Briefs: CBA supercharges rate increases, Citi’s banking licence revoked, and more

01 July 2022 5:52AM Latest news
  • Banking Day staff

Commonwealth Bank has increased fixed home loan rates for terms from one to five years by 140 basis points. read more

Briefs: NAB closes Citi deal, new FINSIA president, new x15 portfolio director, RBNZ seeks public in

02 June 2022 5:47AM Latest news
  • Banking Day staff

NAB has completed its A$1.2 billion acquisition of Citigroup’s Australian consumer business. read more

NAB coy about plans for ailing Diners Club business

07 December 2021 6:14AM Latest news
  • George Lekakis

The Diners Club charge card franchise will be acquired by National Australia Bank as part of its acquisition of Citigroup’s local domestic banking business after the parties agreed to a string of “add.. read more

Citi spotlights BNPL

05 August 2021 5:53AM Latest news
  • George Lekakis

Citi Australia is about to join the banking industry’s assault on the buy now pay later sector, with the launch of a new BNPL brand - Spot - in October. read more

Citi, Suncorp push cashbacks to regain loan momentum

29 July 2021 5:58AM Latest news
  • John Kavanagh

Macquarie and Bendigo are the fastest growing home lenders in the country, but many other mid-tier banks, such as Suncorp and Citigroup, are doing it tough. read more

NAB in talks with Citi

14 July 2021 6:00AM Latest news
  • John Kavanagh

NAB is in talks with Citigroup about acquiring Citi’s Australian consumer banking business. read more

Citi's earnings rise as mortgage book shrinks

15 April 2020 4:18PM Foreign Subsidiary Bank
  • George Lekakis

Tight cost management and  lower impairment charges have helped Citigroup's Australian banking arm to regain earnings momentum. read more

Citibank clearly prices credit cards

02 September 2019 4:01PM Payments, mobile & wallets
  • John Kavanagh

Comparison site Finder.com.au reports that Citibank will increase purchase rates and cash advance rates on most of its cards from October 1. read more

Citi Australia suffers profit slide

08 May 2019 3:58PM Foreign Subsidiary Bank
  • George Lekakis

Citigroup Pty Ltd, the principal operating entity of the American banking giant in Australia, has reported a slide in full year profit after almost no loan growth and a spike in operating costs. read more

Citi funds Afterpay's US push

06 May 2019 4:00PM Payments, mobile & wallets
  • John Kavanagh

'Buy now pay later' company Afterpay Touch has signed a US$300 million receivables funding facility with Citigroup, which will be used to support the company's expansion into the United States market. read more

Briefs: Citii refund, new dispute principles at ANZ

16 April 2019 3:41PM Briefs
  • Banking Day staff

Citigroup will refund over A$3 million to 114 retail customers for losses arising out of structured product investments it offered. read more

Big names on the line in ACCC cartel crackdown

06 June 2018 4:51PM Finance regulation
  • George Lekakis

Six senior bankers, including the former chief executives of Citigroup and Deutsche Bank in Australia, have been charged with criminal offences following a two-year investigation of ANZ's controversia.. read more

Brief: Westpac enables Samsung Pay

11 April 2017 3:27PM Payments, mobile & wallets
  • Banking Day staff

Westpac Banking Corp will enable Samsung Pay from today. read more

Falling wealth management earnings force banks to consider alternatives

19 July 2016 4:20PM NAB
  • John Kavanagh

National Australia Bank's joint venture with Nippon Life, which will see the Japanese company acquire 80 per cent of NAB's life business, is a sign of things to some in the wealth management businesse.. read more

State of play: the Australian mortgage industry

06 August 2008 5:00PM Major Banks

State of Play: the Australian mortgage industryIn the August 2008 edition:- banks are taking market share from non-banks; some-non banks are also doing well; securitisation as a funding option is not.. read more

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