Citigroup is reportedly planning to make significant cuts to the number of IT contractors at the bank, instead hiring ...

Fraser spent her teenage years in Australia and has 2 master's degrees, from Cambridge and Harvard; her Cuban-born husband ...

Citi's poor technology is well known on Wall Street, but wealth boss CEO Andy Seig hopes to gain ground with this new hire ...

No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...

Dipendra Malhotra, former head of analytics, AI and data at Morgan Stanley's wealth unit, will help drive technology ...

Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...

The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not ...

Citigroup stock is undervalued, trading at 75.5% of its tangible book value, presenting a strong buying opportunity amid ...

C's business restructuring efforts and focus on core operations provide a solid foundation for growth despite the volatile ...

Once caught, it took the bank several hours to reverse the erroneous transaction, which occurred in April 2024 ...

An employee caught the mistake quickly, but the bank has recently made other errors that have drawn scrutiny and fines from ...