Citi leads funding for the U.S.-regulated, all-to-all platform, bringing institutional electronic trading to Latin American local-currency bond markets. Leading Wall Street market makers join Cicada’s strategic equity program to capture early-stage opportunity.
Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced a forward-flow commitment from funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). Fortress has agreed to purchase up to $1.2 billion of consumer loans originated on the Upstart platform through March 2026. “This forward-flow agreement with Upstart reflects our continued pursuit of high-quality, risk-adjusted consumer credit assets,” said Matt Biczak, Managing Director at Fortress Investment Group. “Upstart’s platform provides access to...
The acquisition will strengthen and diversify Nationwide's portfolio, meeting more of the financial services needs of small businesses
Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s global Instant Payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA Credit Transfers to be made within seconds, 24/7 and funds available to recipients immediately. Payments can be made to and received from SEPA Instant participating banks located anywhere within the...
Introduces ‘Arrival’ Flagship Intelligent Execution Strategy
“Citi Global Wealth” to Deliver Full Spectrum of Products and Services Globally
Citi Achieves Top Ranking for Fifteenth Consecutive Year
Bank Honored Across a Number of Global and Regional Categories
Citi has launched a new client reporting solution as the latest enhancement to its middle office services. The new reporting service is built on the industry’s latest technology, including the Vermilion Reporting Suite, a leading global client reporting platform, coupled with Citi’s own Clarity data and analytics platform. “This enhancement is the result of significant investments Citi has made in technology and intensive teamwork between Citi and our anchor client,” said Sanjiv Sawhney, Global Head...
Citi has entered into an alliance with BlackRock, through its Aladdin® business to enhance the delivery of securities services to Citi’s clients who utilize the Aladdin end-to-end investment management platform. Connecting to Aladdin Provider, Citi will provide outsourced middle office services directly on a client’s instance of Aladdin for seamless integration with their front office, from trade confirmation to post settlement reconciliation. “We are thrilled to join BlackRock’s Aladdin Provider network,” said Sanjiv Sawhney, Global Head...
