China says Citi, 3 others set for debit card debut
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Chinese regulators expect Citigroup , HSBC Holdings  and two others to become the first foreign banks to issue local-currency debit cards to consumers in the world's fourth-largest economy, a senior banking regulator said on Thursday.
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Citigroup  plans to list its shares in Tokyo and boost the number of its branches in Japan by 40 percent as the U.S. financial group looks to move beyond a niche role in the world's second-largest economy.
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Visa, the world&#39;s largest credit card  network, unveiled details of a planned restructuring on Friday  as it prepares by early next year to follow smaller rival  MasterCard Inc.  in becoming a public company.
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Citigroup will buy Taiwan's Bank of  Overseas Chinese (BOOC) "very soon," an executive of the Taiwan  lender said on Thursday, in a deal media said would be worth  US$425 million.
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Popular Hello Kitty brand -- commonly found on stationery, purses, and other items for children -- will soon appear on a new platform: a MasterCard debit card.
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Two major state-run Chinese banks on Wednesday announced plans to roll out American credit cards, including the country's first dual-currency American Express Card.
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MasterCard Inc., the world&#039;s No. 2  credit-card association, is set to price its initial public  offering later on Wednesday amid expectations of strong demand  for one of the financial services industry&#039;s top brands.
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China Construction Bank  said on Tuesday it was launching an initial public offer of shares that is expected to be China's biggest, raising more than $7 billion.
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BEIJING (Dow Jones)--China&#39;s CITIC Capital Markets Holdings Ltd. and New York-based private equity firm Warburg Pincus said they will invest $200 million for a 45
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TOKYO A leading executive at Citigroup, which was forced to shut its private bank in Japan in September, said Tuesday that the bank would review all past transactions with individual customers in Japan.
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Citigroup Inc. C.N, the world's  largest financial services company, on Friday said it will  simplify its business structure and streamline its capital  markets activities.
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Citigroup Inc. (CN: Quote, Profile, Research) faces a lawsuit from angry investors who allege they were defrauded in a &quot;massive scheme of deception&quot; when they
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China Mercants Bank made a strong debut Friday on Hong Kong's stock market as another Chinese lender &#151; the country's biggest commerical bank &#151; got ready to kick off what could be the world's largest initial public offering.
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Bank Citigroup will list its shares in Tokyo as early as November as part of the financial giant's push into the world's second-largest economy, sources familiar with the matter told Reuters on Monday.
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Citigroup was poised on Tuesday to launch a takeover bid for scandal-hit Japanese brokerage Nikko Cordial Corp. in a deal worth more than $5 billion that would mark the U.S. bank's resurgence in Japan.
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Citigroup is set to launch a tender offer for scandal-hit Japanese brokerage Nikko Cordial Corp., a Nikko spokesman said on Tuesday, a potential $5 billion deal that would mark Citigroup's resurgence in Japan.
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Citigroup Inc  is selling or closing some retail branches and consumer finance operations in Asia, Europe and Latin America to focus on more profitable businesses, the Wall Street Journal reported on Tuesday.