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 ...
Why JPMorgan Chase, Wells Fargo and Citigroup stocks are getting slammed
Shares of JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET. Shares of Wells Fargo (NYSE: WFC) traded 6.5% lower at that time, while shares ...
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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 ...
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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 ...
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 ...
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Wells Fargo's 2018 Compliance Consent Order by OCC Terminated
Wells Fargo & Company’s WFC 2018 consent order related to its compliance risk management program was terminated by the Office of the Comptroller of the Currency (OCC). This is the 10th consent ...
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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 ...