Citigroup plans to prune use of IT contractors, hire staff to improve controls - report
Citigroup (NYSE:C) plans to significantly cut its use of information technology contractors, while adding thousands of IT ...
Citi revamps tech leadership in its wealth division
Dipendra Malhotra, former head of analytics, AI and data at Morgan Stanley's wealth unit, will help drive technology ...
Citi accidentally credits account with $81T in 'near miss' - report
Citigroup (NYSE:C) erroneously credited a client's account with $81T in what should have been a $280 transaction, a mistake ...
CNBC on MSN12d
Another ‘near miss': Citigroup mistakenly credited a customer account with $81 trillion
as well as big fines and regulatory consent orders requiring Citi to fix the issues. Corbat's successor, Jane Fraser, has ...
Financial Times report on Citi backward looking, says Wells Fargo
Wells Fargo views the Financial Times’ reporting Friday on Citi’s (C) near-miss money transfers as backward looking with no impact to the ...
Why Bank Stocks JPMorgan Chase, Wells Fargo, and Citigroup Are Getting Slammed Today
Shares of JPMorgan Chase ( JPM -3.98%), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET.
Reuters24d
Citi raises CEO Fraser's compensation 33% to $34.5 million for 2024
On the regulatory front, directors noted that the bank has closed a 2013 consent order related to money laundering ... and the Federal Reserve fined Citi $400 million for risk and data failures.
The Irish Times14d
Citigroup erroneously credited client account with $81 trillion instead of $280
Citi’s mistaken Revlon payout led to the ousting of then-chief executive Michael Corbat, big fines and the imposition of ...
NBC New York12d
Another ‘near miss': Citigroup mistakenly credited a customer account with $81 trillion
as well as big fines and regulatory consent orders requiring Citi to fix the issues. Corbat's successor, Jane Fraser, has said improving risk and controls is a top priority. The bank was still ...