Citibank
American banking company
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| March 2025 | Citi paid £215,000 in a discrimination settlement for a former employee who lost an expected promotion after returning from maternity leave. |
| January 2024 | Citi reported a $1.8 billion loss in Q4 2023 and announced plans to cut 20,000 jobs, approximately 8% of its workforce. |
| 2022 | The sale and merger with UnionBank was expected to be completed in the second half of the year, with UnionBank set to absorb approximately 1,750 Citibank Philippines employees, including senior management. |
| 2022 | Citibank announced plans to return to Dallas, leasing over 9,000 square feet in the Berkshire Court building and planning to establish an 'experience center' retail banking office. |
| September 2022 | Citi announced plans to wind down retail banking in the UK. |
| June 2022 | Citibank Australia was sold to National Australia Bank, marking the end of Citigroup's retail banking operations in the Australian market. |
| January 2022 | Citi announced plans to exit consumer banking in Mexico (Citibanamex) and small-business and middle-market banking operations. |
| December 23 2021 | Citigroup sold its consumer and retail banking business in the Philippines to Union Bank of the Philippines (UBP) for ₱55 billion, with UBP becoming the surviving entity. The transaction included credit card, personal loans, wealth management, and retail deposit businesses, along with real estate assets and three full-service branches. |
| April 2021 | Citigroup announced its decision to exit consumer and retail banking operations in 13 markets, including the Philippines, signaling a major strategic shift for the bank. |
| April 2021 | Citibank announced exit from consumer banking operations in 13 markets including Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand, and Vietnam. |
| 2019 | John Dugan becomes chairman, succeeding Michael O'Neill. |
| June 2018 | Citibank reached a settlement with 42 U.S. states, paying a $100 million fine for manipulating the London Inter-bank Offered Rate (Libor) index, following similar settlements by other banks involved in the Libor Scandal. |
| March 2018 | Citibank announced a new firearms policy with restrictions on financial transactions in the U.S. firearm industry. |
| March 20 2017 | The Guardian reported Citibank's involvement in processing $37 million of laundered funds through the Russian Laundromat investigation. |
| March 1 2017 | An article in The Economic Times suggested Citibank might close its 44 branches in India due to increasing digital transactions. |
| December 13 2016 | Columbia University students staged a protest outside the Citibank location on Broadway and 112th Street, demonstrating against the bank's involvement in funding the Dakota Access Pipeline by holding cardboard signs, chanting, and distributing flyers. |
| April 1 2016 | Citigroup became the exclusive issuer of Costco's branded credit cards. |
| 2015 | The bank was ordered to pay $770 million in relief to borrowers for illegal credit card practices, affecting about 7 million customer accounts due to 'deceptive marketing' practices. |
| September 2015 | Citibank closed its 17 branches in Massachusetts and ended sponsorship of a theater in Boston. |
| September 2014 | Citigroup exited the Texas market by selling 41 branches to BB&T. In the same year, the bank announced it would exit retail banking in 11 markets, primarily in Europe and Central America. |
| September 2014 | Citigroup announced closure of 17 branches in Massachusetts and end of theater sponsorship in Boston. |
| 2013 | Citibank launched as the main sponsor of New York City's bike-share scheme, Citi Bike. |
| 2013 | Citibank closed its 23 Philadelphia metropolitan area branches for 'efficiency-driven' reasons. |
| 2013 | Citibank purchased the credit card portfolio of Best Buy from Capital One. |
| 2012 | Citibank Philippines installed a groundbreaking ATM at The Rockwell Center in Manila that could dispense both US Dollars and Pesos, becoming the first bank in the country to offer such a service. The ATM allows customers to withdraw up to $3000 per day in cash or conduct transactions. |
| 2012 | Michael O'Neill assumes the role of chairman, following Dick Parsons. |
| October 19 2011 | Citigroup agreed to a $285 million civil fraud penalty after the U.S. Securities and Exchange Commission accused the company of betting against risky mortgage-related investments sold to clients. |
This contents of the box above is based on material from the Wikipedia articles Citibank, Citibank Philippines & Citibank Australia, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.