Citi bank

Earlier this year, Citigroup revealed that it was looking for a new person to run its U.S. mortgage business as the bank signaled it was moving back into mortgages. That move, and others, were seen as an indication that Citi may be moving back into the mortgage business, and now, the bank has identified the team that will lead its mortgage resurgence.

Citibank by Pentagram

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Citi analysts upgraded their recommendation on Europe's beleaguered banks to "overweight" within regional portfolios, citing signs of improvement in the credit cycle and loan growth as well as cheap relative valuations.

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With a boost from the New York City transit system, the U.S. finally may be embracing contactless payments, which are made by touching a debit or credit card on a reader. Here's how to tap and go starting Friday.

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