Recent events
Recent events tied to this brand in public sources.
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2026
Citi completes $72 million carbon-removal-linked bond transaction
Citibank completed a $72 million bond transaction tied to verified carbon removal at Applied Carbon's Texas biochar project. Investor returns are linked to the issuance and delivery of verified carbon credits.
2026
Tesla secures $30 billion in new credit lines from Citibank and Wells Fargo
Tesla announced on Tuesday (Sept. 29, 2026) that it has secured $30 billion in fresh credit lines: Citibank agreed to a $20 billion three-year delayed-draw term loan facility, and Wells Fargo signed an $8 billion five-year revolving credit facility plus a $2 billion 364-day revolving credit facility. Tesla said it does not plan to draw on the new debt facilities this year, as it has already planned at least $25 billion in capital expenditures, and the lines could help scale the Cybercab robotaxi, Optimus robot, and Tesla Semi.
2026
Ant International launches upgraded Falcon Time-Series Transformer Model 2.0 adopted by global banks
Ant International, a unit of Ant Group, launched an upgraded AI model, the Falcon Time-Series Transformer Model 2.0, designed for financial scenarios. The company said it has partnered with six major banks including Citi, HSBC, Deutsche Bank, Standard Chartered and Barclays, and that precise forecasting can cut FX hedging and allocation costs by more than 60%.
2026
Ant International releases FalconTST 2.0 time-series forecasting model
Ant International released version 2.0 of its self-developed time-series forecasting model FalconTST (Time-Series Transformer), aimed at cross-border payments and foreign-exchange risk management, with plans to expand into e-commerce supply chain and aviation operations. The model reportedly achieved a MASE of 0.666 on a global time-series benchmark and is used by Barclays, Citi, Deutsche Bank and Standard Chartered for cash-flow forecasting and FX management.
2021
CFTC orders Citi entities to pay $1 million over swap data reporting failures
The CFTC issued an order requiring Citibank and Citigroup Global Markets Limited to pay a $1 million penalty to resolve allegations that they improperly reported swap data and violated provisions of a 2017 order. The order also requires them to cease further violations, correct information in the CFTC's swap data repository, and update the agency on remediation efforts.
2021
Citi announces sale of consumer-finance businesses in 13 markets
Citi announced that it would sell its consumer-finance businesses in 13 markets, including Taiwan. The article said consumer-finance operations were currently normal and unchanged.
2021
Citibank unveils Citi Plus in Hong Kong
Citibank in Hong Kong unveiled Citi Plus, a digital wealth platform offering investment products including mutual funds, stocks and money market funds.
2020
Google and Citibank team up on Plex accounts
Google and Citibank partnered on a Plex banking-account offering; Citi was the first bank to announce a Plex offering, to be available on Google Pay the following year.
2020
US authorities fine Citibank $400 million
The US Treasury's Office of the Comptroller of the Currency fined Citibank $400 million over deficiencies in risk management practices; the Federal Reserve also cited failings at the bank. Regulators required an overhaul of internal controls.
2020
US banking regulators fine Citibank $400 million
US federal banking regulators imposed a $400 million fine on Citibank for deficiencies in risk management and internal controls. The OCC cited unsafe or unsound banking practices and long-standing failures in risk management, data governance and internal controls. Citigroup said it was committed to addressing the issues and had remediation projects underway.
2020
SPDB and Citi launch global collection service for cross-border e-commerce
On June 10, SPDB and Citi jointly launched a global collection service for cross-border e-commerce, offering small foreign-trade businesses selling on Amazon registration, collection, and online foreign-exchange settlement services.
2020
AIA Taiwan and Citibank deepen bancassurance cooperation
AIA Taiwan and Citibank announced a deepening of their bancassurance cooperation in Taiwan, expanding insurance business through Citibank's physical branches from June 2020 and offering insurance planning to Citibank customers.
2020
RBI fines Citibank
The Reserve Bank of India fined Citibank for flouting rules; the supplied report does not specify when this fine was imposed.
2020
PNB Housing Finance signs affordable-housing financing agreement
PNB Housing Finance signed an agreement with JICA to raise US$75 million, with US$25 million in co-financing from Citi, for affordable housing for low-income households in India.
2020
Citi Taiwan launches Portfolio Finance service
Citi Taiwan launched a Portfolio Finance service allowing eligible customers to borrow against qualifying mutual fund or foreign bond trust assets held in specified trust accounts.