Citibank takes financial services online.
Published:
18 August 1999 y., Wednesday
Citibank launched its Citi f/i Web site this morning, becoming the latest company to offer a one-stop shop for financial services. Citi f/i offers checking and savings accounts, stock trading, online bill payment, stock quotes, and financial news. Citibank_s entry into the online financial services world comes as traditional banking and investment players move into each other_s turf on- and offline. In June, BankOne launched its Wingspanbank.com financial service and last week, Wells Fargo announced that it would be expanding the services offered by its online bank. Meanwhile, American Express debuted its own online bank last month, and E*Trade Group jumped into online banking in June with its acquisition of Telebank. Citibank already has an online banking site for current customers. However, unlike other national banks such as Wells Fargo or Bank of America, Citibank does not have an extensive branch network. Analysts expect Citibank to use Citi f/i in place of a branch network to help it establish a national presence and draw in new customers. Noticeably absent among Citi f/i_s current products are mortgages and credit cards. The site directs customers interested in those products to call one of several 1-800 numbers. Citibank spokesman Mark Rodgers indicated on Friday that the company plans to expand the Citi f/i site far beyond its initial offerings.
Šaltinis:
CNET
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
European cities may still be feeling the pinch of the global recession.
more »
The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields.
more »
The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars.
more »
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
more »
In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.
more »
Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’.
more »
The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg.
more »
EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.
more »
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday.
more »