Citigroup plans to dramatically reduce its reliance on information technology contractors and hire thousands of employees for ...
The accounts were frozen in February, but documents filed today make public details which had previously been unknown.
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s operational issues it has sought ...
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
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Bank Stocks Plunged on Monday. Here's Why Citigroup, Goldman Sachs, and SoFi all Got Hit so Hard.
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Grist on MSNHow Citibank got caught in a $20B climate fightThis story was originally published by Grist with the headline How Citibank got caught in a $20B climate fight on Mar 12, ...
In his February letter to shareholders, Warren Buffett announced a new record Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) ...
Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer ...
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.
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