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Manish Kohli, global head of payments and receivables in Citi’s Treasury and Trade Solutions division.

Citi is deploying robots to help the world’s biggest companies collect cash from customers — boosting a key $8.5 billion business for the ...

Citi has launched a new feature called Citi Smart Match, which applies artificial intelligence and machine learning to the process of matching open invoices to received payments — painstaking and costly task known as "cash application."
Jamie Dimon speaks during the Milken Institute Global Conference in Beverly Hills California

JPMorgan Chase launched an online bank for millennials called Finn, and I prefer it to the real thing

JPMorgan Chase launched an online bank called Finn. I tried it and I definitely like it more than my traditional Chase account. But it looks pretty ugly.
Ally Bank was rated best bank for millennials and best online bank by Kiplinger.

The best bank for millennials doesn’t even have a brick-and-mortar

Ally Bank, which is online only, was rated the best bank for millennials by Kiplinger. With no monthly maintenance fees, no minimum balances, and competitive APYs, it offers benefits that some traditional banks lack.
Deutsche Bank CEO Christian Sewing.

Deutsche Bank shares spike after report says JPMorgan could be interested in a stake — but the bank is denying it

Deutsche Bank shares spiked after reports JPMorgan could be interested — but the bank is denying it

Robots could replace as many as 10,000 jobs at Citi’s investment bank

"We’ve got 20,000 operational roles. Over the next five years could you make it 10,000?" Jamie Forese, the president of Citi and chief executive of the bank's institutional clients group, told the Financial Times in an interview.
Swiss Currency

Swiss voters rejected a radical move to change the way money is created

Swiss voters have rejected a referendum proposal that sought to bring an end to fractional reserve banking.

Italy’s biggest bank reportedly wants to merge with France’s Societe Generale to create a $2.5 trillion European giant

Any merger between the two lenders would create a bank with combined total assets of over $2 trillion, making it among the three largest banks in Europe on that measure.
Dr Victor Madeira, a Senior Fellow at The Institute for Statecraft

A war in cyberspace is already raging and could lead to ‘armageddon’ if banks get hit

A war is being fought in cyberspace with “ones and zeros” instead of bullets and too-big-to-fail banks are major targets, experts with cyber security and intelligence backgrounds have told Business Insider.
Deutsche Bank CEO Christian Sewing.

Deutsche Bank CEO tells staff he’s ‘sick and tired’ of bad news

S&P Global downgraded Deutsche Bank's credit rating on Friday and the bank is also set to face cartel charges in Australia. It comes 24-hours after news broke that Deutsche Bank's US operations have been put on watchlists by regulators, which have deemed it "troubled."

Millennials trust Amazon and PayPal over banks when it comes to personal data

A survey of 2,000 people across the UK by business intelligence company RFi Group found that, on balance, 18-24 ranked Amazon and PayPal above banks when asked the rank five organisations by how much they trust them to "hold and maintain the privacy and security of your personal information."