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The Latest Breaking News from Citibank

Howard Marks Turned A Random Call Into A $224B Empire — Why He Chose Bonds Over Stocks

Oaktree co-founder Howard Marks built a $2.2 billion fortune in bonds he never chose. He told entrepreneur Nikhil Kamath how a 1978 phone call shaped a 48-year career.

International Business Times UK

Citibank temporarily shuts most UAE branches from March 12–14, shifts staff to remote work

Citibank has temporarily closed most of its branches and financial centers across the UAE from March 12-14 as a precautionary measure due to escalating geopolitical tensions in the Middle East. The Mall of the Emirates branch will remain open, and digital services are fully operational. Other global banks are also…

The Times of India

Appeals court questions shifting reasons for Trump's EPA killing clean energy contracts

A federal appeals court is weighing whether the Trump administration unlawfully shut down a $20 billion green bank program and froze money meant for climate nonprofits

The Independent UK

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Felipe Cortés Bello: Bridging Wall Street Rigor and Silicon Valley Speed – The Finance Whiz Powering AI-Driven Fundraising for Next-Gen Fintech Unicorns

Every industry has that moment when everything changes, when a new idea breaks through, and nothing works the same again.

inkl

This bank offers the best mobile credit card experience, according to new study

Winning bank beat competitors in categories like cardholder acquisition, app features, and card comparison tools

The Independent UK

A $400 million lawsuit against UBS is designed to punish banks who throw employees to the wolves

Wrongly accused bankers are fighting back against the institutions that betrayed them, including Tom Hayes.

Fortune

Plans to demolish London shopping centre and build 1,700 homes given green light

Lewisham Shopping Centre to be demolished to make way for towers up to 35 storeys high

Evening Standard

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Uhhhhh Mayybeee That's My Card?' — Credit Card Mystery Pits 20-Year-Old College Student Against Her Dad

A routine personal finance assignment turned into a real-world lesson on credit reporting and identity security for one 20-year-old college student.

Benzinga

Corporate ‘middlemen’ mask who really profits from Australian fossil fuel projects, report warns

Nominee companies – paid to be listed as shareholders on behalf of unnamed investors – could be reducing accountability over financial support of industry

The Guardian - AU

Ex-Citibank Trader Says Wall Street's Best Economists Are Banned from Fixing the Economy—Here's His Radical Solution

The world’s most profitable economists are making millions predicting economic collapse for banks—but they’re shut out of the rooms where policy gets made. Gary Stevenson, a former trader at Citibank, says this disconnect is why governments keep getting blindsided by crises they should see coming.

Benzinga

Top Photos of Lena Li: Former 'Citibank' Employee Who Quit Being a Banker to Become Full Time Influencer - Age and How Much Is She Earning Now?

Lena Li, a self-proclaimed former Citibank banker turned model and influencer, is sparking debate online as sceptics question her career claims while supporters defend her success.

International Business Times UK

Appeals court allows Trump administration to end the ‘climate bank’ where $20B was set aside to fund climate change projects

Billions of dollars have been sitting in Citibank accounts since February amid the back-and-forth legal battle

The Independent UK

US appeals court allows Trump to peel back $20bn in clean energy grants

The ruling overturns a lower-court decision that found Trump was impeding Congress’s power to allocate funding.

Al Jazeera

The EPA Can Terminate Climate Change Grants to Nonprofits

A divided panel of the U.S. Court of Appeals for the D.C. Circuit vacates a district court injunction barring clawback of climate grants.

Reason

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6 Major Banks Accused of Overcharging Elderly Clients

When most people picture financial scams targeting the elderly, they imagine anonymous phone calls or foreign emails, not America’s biggest banks. Yet in recent years,...

The Guardian - US

Fear spreads as Trump targets lawyers and non-profits in ‘authoritarian’ takedown

Experts warn president’s attacks on US civil society – or organizations that hold the government to account – threaten democracy

The Independent UK

Federal judge questions whether EPA move to rapidly cancel 'green bank' grants was legal

U.S. District Judge Tanya Chutkan on Wednesday questioned a Department of Justice attorney over whether the Environmental Protection Agency violated the law when it terminated $20 billion in green bank grants allegedly without following the proper process

The Guardian - UK

Former Citibank exec settles maternity discrimination case for £215,000

Maeve Bradley, who worked for Citibank in Belfast, lost out on expected promotion after having a baby

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The Independent UK

Maternity leave sex discrimination case settled for £215,000

Maeve Bradley said her maternity leave cover was promoted in her absence

Evening Standard

Former Citibank employee settles sex discrimination case for £215,000

Maeve Bradley believed she was in line for a promotion on her return from maternity leave.

Evening Standard

Former bank trader Tom Hayes says 'faith in justice restored' as he wins Supreme Court appeal on LIBOR

Tom Hayes shared cells with killers. Now he has successfully cleared his name

Roll Call

Judge blocks EPA effort to cancel billions in climate grants - Roll Call

A federal judge late Tuesday blocked the EPA from canceling Biden administration climate grants issued from a $20 billion program.

The Independent UK

Judge blocks Trump administration from terminating $14 billion in 'green bank' grants

A federal judge has blocked the Trump administration from terminating $14 billion in grants awarded to three climate groups by the Biden administration

The Independent UK

EPA froze 'green bank' funds worth billions, climate group suit says

A nonprofit that was awarded nearly $7 billion by the Biden administration to finance clean energy and climate-friendly projects has sued the Environmental Protection Agency, accusing it of improperly freezing its account

Reason

Trump Is Weaponizing the DOJ Just Like He Accused Democrats of Doing

Trump's appointees are wielding federal power in a manner that appears every bit as corrupt as what he complained about on the campaign trail.

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