Why Citibank Branches Are Closing Around The World

Why Citibank Branches Are Closing Around The World

CNBC

1 год назад

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Anton Nohr
Anton Nohr - 27.09.2023 17:27

The bank crisis isn't over yet, and experienced individuals know credit crises don't end quickly. Some find it amusing that some think it's resolved, but in reality, we're headed for a major economic downturn due to this credit contraction.

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Liam Tremblay
Liam Tremblay - 27.09.2023 01:15

Right now, things are a little weird. The US dollar is becoming less valuable for purchasing goods, but it is becoming more valuable overall. Due to people investing their money in dollars for security, assets like equities, homes, cryptocurrencies, and precious metals aren't doing as well as they could. I'm concerned that my $320,000 in savings will depreciate quickly. What should I do with my cash to keep it secure?

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eenrijkerleven
eenrijkerleven - 26.09.2023 16:27

I will be forever grateful to you. You changed my whole life and I will continue to preach on your behalf for the whole world to hear. You saved me from huge financial debt with just a small investment, thank you Mrs.Cattaneo Docia

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romel dionisio
romel dionisio - 25.09.2023 10:24

Here in the Philippines the Citigroup is fully acquired by Unionbank

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Andrew5150
Andrew5150 - 25.09.2023 07:23

Hell yeah they are in trouble. The app is the worst. Can’t login so they locked me out. Called and put on hold 15 minutes before they hang up on me. Should have stuck with Capital One.

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j h
j h - 20.09.2023 18:32

to me this you tube video is TRUE in my VIEWS from where ever citi bank branch i go, and called in talked to citi customers ARE ALL MORE THAN VERY RUDES plus ANIMAL myself services.

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OldM1tanker
OldM1tanker - 19.09.2023 19:03

Since shitibank doesn't take care of folks that have had fraud committed against their account. An lapd cop used a woman's shitidebit card fraudulently. Even when she had to do the work the shiti should have done by looking into the fraud done. Shiti would not refund the monies. Only until Foxnews put them on blast. Don't bank at shitibank.

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Jamie Jeff
Jamie Jeff - 17.09.2023 21:46

The banking situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. First SVB, then signature bank and now first republic bank, these are all the signs of yet another 2008 market crash 2.0

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Michael Hooten
Michael Hooten - 17.09.2023 10:45

Investing and doing business will go a long way in building up finances in times like these.
Credits to Sir Trevor James Beckerman for putting me on
He recommendations are highly commendable

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Pipoquinha Com manteiga
Pipoquinha Com manteiga - 15.09.2023 22:05

Nota 10

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marcos ribeiro
marcos ribeiro - 15.09.2023 22:03

Achei interessante, o Citibank é o melhor banco que trouxe novas idéias e inovações para o mundo. Achei o vídeo muito interessante

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murilo ubisoft
murilo ubisoft - 15.09.2023 22:01

Muito informativo!!! Aguardando para mais vídeos do genero

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John
John - 15.09.2023 21:57

Estupendo!!!!!

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Xue Ya
Xue Ya - 10.09.2023 13:29

If they go bust, what happens to the legal fictions they own?

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Kay Dutch
Kay Dutch - 09.09.2023 22:50

Sorrows sorrows prayers. For the bank that was built on the back of poor Haiti. That's how karma goes 😂😂🤣

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ChooseLoveNotHate
ChooseLoveNotHate - 08.09.2023 14:12

They only closing their consumer banking but not institutional client group

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Artist,Singer,writer,Producer Reni I Bifamo von
Artist,Singer,writer,Producer Reni I Bifamo von - 01.09.2023 12:07

They wirk around the globe with a lot of different firms supermarkets, computer shops etc

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The Stockfather
The Stockfather - 31.08.2023 01:38

I’m tryna buy @ like $25 a share

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Financial Coach NYC
Financial Coach NYC - 30.08.2023 20:12

I will summarize..
Quality VS Quantity.
The Wealth Gap is Widening.
The End.

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Cindy Phan
Cindy Phan - 29.08.2023 18:30

My Chase bank app is not working today. Just a blank white page. I have had it over 3 years and this never happened before 😳

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deni
deni - 28.08.2023 05:48

Not One of the worst the worst bank to bank with

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K D
K D - 28.08.2023 04:25

It is one thing to have an accent.

It is one thing to have a heavy accent.

I have no issue with either.

But when I cannot understand ONE GODDAMN WORD the Citibank customer service representative is trying to say, that is problematic.

They should have at least 2% proficiency in English in order to be hired to purport to provide customer service in English.

Expecting that standard is more than reasonable.

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ryan williams
ryan williams - 27.08.2023 18:30

They seem like they're too interested in their ESG score than being an actual bank right now. Just go to their home page.

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MT Mountain Rover
MT Mountain Rover - 27.08.2023 00:20

Banks should have a savings account for hard times just like they tell everyone else. Why isn't the FED bailing out banks? They bailed out auto companies, but not banks. What good is FDIC insurance for when people are still losing their money in banks.
Seems the FED wants banks to close.
On top of that, everyone was still recovering from the covid lockdowns and then the FED wants to curb inflation by creating higher interest rates that only increases inflation.
I guess the MIT graduates were not qualified to be hired by the President and the FED so they hired Powel and Yellon instead?
A 10 year old is smarter than Powel and Yellon.

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K O
K O - 25.08.2023 19:26

Citibank is the worst ever! Customer service is horrible. Go to a credit union. Corporate greed

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Ramez
Ramez - 24.08.2023 23:29

Since the financial crisis, they have been consistently profitable and the share price really does not do it justice. With an extremely low P/E ratio plus a very healthy and growing dividend, the share price could/should easy jump from here.

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Ohio stad
Ohio stad - 24.08.2023 17:55

WALK THE WALK NO SPACE INTRE ARE A TAKE THE PLANE 52 STATE

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1994CPK
1994CPK - 23.08.2023 20:57

A woman CEO. LMAO

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Virgo Blue
Virgo Blue - 23.08.2023 17:37

A credit collapse is on the horizon 😮

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G K
G K - 23.08.2023 03:40

On 3/5/2009 sold for $10 not $1 if you include10 to 1 reverse split

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Isaac Christie
Isaac Christie - 22.08.2023 01:33

Still not gonna buy their stock though 😂😂😂 good luck to them

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Savon Pha
Savon Pha - 22.08.2023 01:02

Capital city is selling their banks to union or federal agencies bankings.With direct financial prints and coins or credits and debits,modern and a currency process.

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Brad Smith
Brad Smith - 21.08.2023 14:34

Wall St is fake, platforms like cash app challenge investors & steal dividends. I know how to invest. Every stock market index is falling cause they can't stand to see me with profit.

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Clark Kent
Clark Kent - 20.08.2023 22:18

I'm pretty sure that at this point, they are just re-structuring. They probably had no choice but to close down some branches in asia for poor profitability. And just like every one else, what is down/up, must come up/down.

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Triprovoked
Triprovoked - 19.08.2023 23:11

I'm here for market change. These people are financial terrorists on the American Economy. Not only stealing from citizens investments utilizing counterfeit shares, coercion and spoofing. But destroying innovative companies that offer America future jobs and technology. It's treason and should be treated as such !!

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Biswajit Roy
Biswajit Roy - 18.08.2023 12:28

TOLLYWOOD BOLLYWOOD HOLLYWOOD AYKAR BHAWANE MILITARY ⚔ VIGILENCE DEPATMENT NEWDHLHI JHARKHAND

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Ron Manson
Ron Manson - 17.08.2023 03:44

Citibank didn't let me open a checking account when I got my first job in high school. Yeah I'm not gonna have $1,000 right now to waive the $10-$12 monthly fee.
PNC Student Checking let me have $0 fee for 5 years when they just started doing the Student Virtual Wallets. On top of reimbursing any ATM withdrawal fee during my undergrad. Take notes Citibank.

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Asus Memopad
Asus Memopad - 16.08.2023 17:28

Always good to see Citi collapsing! Hardly any bank has done more to deserve it. While they claim to have the best services around for international customers, in actual fact they have shown a pattern of closing customers accounts and refusing to return the money or even communicate about it. They just say "your account is with the fraud department and we have no access to it". Definitely overdue for some major class action lawsuits!

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Guilherme Tavares
Guilherme Tavares - 16.08.2023 07:11

I still remember when Citi was seen as a rich people's bank here in Brazil and only had branches in wealthy neighborhoods. They sold the business before the pandemic to Itaú.

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Jimi Harris
Jimi Harris - 16.08.2023 07:09

Not surprised, Citibank has been outsourcing American customer service jobs for years to foreign countries where agents can barely speak English while trying to resolve customer service problems in America. I closed my Citibank accounts because of the Banks absence of Patriotism.

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TZ
TZ - 16.08.2023 02:32

Well there you have it. A female CEO. The majority of female CEOs have driven large corporations into the ground. Only a few women have what it takes to drive big business and a few women have done it really well. Unfortunately, most women seek power and control instead of doing what needs to be done. Most women are workplace tyrants and bullies with very little emotional intelligence or show themselves as emotionally unstable. Sorry, but men CEOs are better. This is not a sexist comment. Do the research. Many large corporations have failed with female CEOs.

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puddin Tain
puddin Tain - 16.08.2023 02:07

They won’t even allow a WOMAN who has really given birth and who’s child won’t breast feed extra time to NOT come into the site,

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puddin Tain
puddin Tain - 16.08.2023 02:06

Citibank is RULED by some real assholes

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NYC Hiking Discovery - Kevin
NYC Hiking Discovery - Kevin - 16.08.2023 01:20

From #1 to #4. One day US Bankcorp might surpasses the Citi Bank.

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BoyBrand
BoyBrand - 14.08.2023 11:02

The citibank credit card services in PH are definitely the worst 😂

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Lucius Aurelius Commodus
Lucius Aurelius Commodus - 14.08.2023 00:07

Nothing but bots in the comments

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Wadio Aja
Wadio Aja - 13.08.2023 17:27

Congrats
Really I like this
Goodbye all my invest
Sorry I don't like invest again

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валерий гольштейн
валерий гольштейн - 13.08.2023 15:37

Forget about it. Zelensky needs other $60 billion now😅😅😅😅

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