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The Latest Breaking News from Citibank

South Side woman bilked out of $400,000 by financial adviser who used money to fund her film production company, lawsuit claims

“She moves into assisted living, and all of the sudden large checks start getting made payable to Canal Productions, checks running as high as $75,000,” said Cook County Public Guardian Charles Golbert.

Chicago Sun-Times

Major banks support rainforest oil project despite problems

Financing fossil fuels, which are the primary cause of climate change, has become controversial in recent years, with major banks under fire for the scale of their lending for oil and gas development

The Independent UK

Businessman 'blinded by attraction' fights to claw back £200,000 he gave to Tinder lover

Oil industry consultant Marcel Kooter, 61, said he was 'blinded by attraction' when he agreed to transfer the money to Manuela Radeva, who he had met online

Daily Mirror

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After a lifetime of circling politics, Wes Moore picks his moment. Will Maryland voters hire him for his most ambitious job yet?

BALTIMORE — The first time the debate over Wes Moore’s future entered the national media spotlight, he wasn’t on a book tour or in the midst of prestigious programs like the Rhodes scholarship or White House Fellowship.

Tribune News Service

‘That is what we do’: Trader claims he shorted the pound after mini-budget

Kieran told LBC bankers were ‘rubbing their hands’ when Kwasi Kwarteng unveiled the mini-budget

Evening Standard

Mum loses £170k in investment scam

'I thought it was strange'

Manchester Evening News

Mother loses life savings after her bank fails to spot a scam

Former London firefighter stung for over £100,000 after being conned in New Zealand

Wales Online

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Man calls out Citibank for offering $40 bonus to customers who deposit $10k into savings: ‘You can buy pizza’

‘This actually made me laugh’

The Independent UK

Mum loses life savings after bank sends £170k to fraudsters 'no questions asked'

After completing a form online for life insurance cover in June, Cath Mulalley received a call from a man claiming to be an investment advisor a couple of days later.

Daily Record

Mum loses life savings after bank staff transfer £170,000 to scammers with 'no questions'

Cath Mulalley says she has been left suffering panic attacks and doesn't know what to do after scammers stole £170,000 while she was in a New Zealand bank branch

Daily Mirror

Australians are losing billions in scams and there are calls for banks to pay them back

Sylvia Chou was looking forward to a comfortable retirement before she fell victim to an online investment scam, that she said her bank NAB should have stopped.

ABC News

Thai growth downgraded by Citibank

Citibank has downgraded its 2022 forecast for Thai economic growth to 3.5%, from 3.6%, with next year's GDP predicted to expand by 4.5%, a fall from 4.8%.

Bangkok Post

Citi, ShopeePay team for top-up service

Citi Thailand has partnered with ShopeePay to launch a quick transfer service on the platform for convenient and secure payments.

Bangkok Post

Banks are scaling back overdraft fees, but lawmakers push for federal restrictions

Democrats have renewed their bid to restrict overdraft fees through federal legislation.

Fortune

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Benzinga

Citibank Selects METACO, Swiss Firm, For Institutional Cryptocurrency Custody

Citibank (NYSE: C) has partnered with METACO to use its technology to develop and lead virtual asset custody abilities.

Foreign Policy

The Last Days of the Afghan Embassy

The Biden administration shut down a touchpoint for thousands of refugees from Afghanistan—and left its diplomats in agonizing limbo.

StockNews.com

Better Buy for 2022: Citibank vs. JPMorgan Chase

In this article I will analyze and compare Citigroup (C) and JPMorgan Chase (JPM) to determine which stock is currently a better investment.

France 24

US firms offer travel reimbursement as potential abortion bans loom

Amazon, Yelp and Citibank are among the companies offering to reimburse medical travel expenses as the US Supreme Court prepares a decision that could allow states to ban abortion outright. Amazon defeats a new unionisation effort in a setback for labour organizers, and international tourism returns to France's medieval city…

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Tribune News Service

California’s seniors lost an estimated $10.9 billion to fraud in 2020

The relationship started on an online dating site. Katsumi Iwasaki was enthralled by a person who claimed to be a US soldier stationed in Damascus, Syria. They quickly fell to emailing “sweet things,” Iwasaki said.

Salon

Will Big Oil face another reckoning?

The new season of shareholder climate demands has begun

The Times of India

Citibank customers to continue availing rewards, privileges and offers: Axis Bank MD

MUMBAI: With Axis Bank taking over retail banking operations of Citibank in India, 30 lakh account and credit card holders of the US banking giant will have to indicate if they are willing to migrate their business to the new owner.

Bangkok Post

Citi upbeat on cyclical industries amid GDP dip

Citibank forecasts global GDP growth to decelerate to 3.8% this year as the world economy enters a slowdown amid growing inflation and imminent interest rate hikes, though it remains optimistic about the growth of cyclical industries with long-term growth.

StockNews.com

Bank of America vs. Citibank: Which Stock Is a Better Buy for 2022?

Bank of America (BAC) and Citibank (C) are two heavyweights in the banking industry. The possibility of multiple interest rate hikes in 2022 will enable bank stocks to increase profit margins in the next 12-months. Let’s see which of these two stocks should be part of your shopping list right…

Newslaundry

The Awful and Awesome Entertainment Wrap Ep 134: Atypical, Kaithi, Citibank ad row, Khulle Naagde, and more

This week on The Awful and Awesome Entertainment Wrap, Abhinandan Sekhri is joined by Newslaundry subscribers Amrita Roy and Aditya Relangi to discuss Season 3 of the series Atypical, Tamil movies Asuran and Kaithi, the album Khulle Naagde by the Bandish Projekt, and three advertisements that have become the talk of…

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