Citigroup plans to reduce the number of its information technology contractors to 20% and hire 2,000 more full-time tech staff, bringing its total IT workforce to 50,000, per Reuters.

Daiwa Securities Group Inc. increased its stake in Citigroup by 21.4%, adding 50,363 shares in Q4. The firm now holds 285,471 shares valued at $20.1 million. Other institutional investors also ...

Citigroup disbanded its Asia high-touch equities sales trading desk in 2019, after accusing multiple staffers of misconduct and firing them without advance notice. The Hong Kong-based employees who ...

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

The stock's fall snapped a two-day winning streak.

"WFC is also well capitalized and is likely to see regulatory relief under the expectation of a less onerous regulatory environment," the RBC analyst wrote. "Lastly, the optimization of expense levels ...

Citigroup plans to dramatically reduce its reliance on information technology contractors and hire thousands of employees for ...

RBC Capital analyst Gerard Cassidy boosted his rating on Wells Fargo' & Co.'s stock (WFC) to outperform from sector perform and issued a price target of $80 a share for the San Francisco-based bank.

Copper will hit $10 000 a ton in the coming three months, according to Citigroup, which said the global market will remain ...

Zeldin has attacked the green fund as “ criminal ” and sent letters to the climate nonprofits notifying them that their ...

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

We recently compiled a list of the 10 AI Stocks Trending On Wall Street Right Now. In this article, we are going to take a ...