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 ...
Fraser spent her teenage years in Australia and has 2 master's degrees, from Cambridge and Harvard; her Cuban-born husband ...
Citigroup made a costly error but quickly reversed course after accidentally crediting a customer’s account with $81 trillion ...
Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...
Citi's current strategy might certainly boost its profitability and claw back the valuation gap to its peers. Click here to ...
The selloff in U.S. stocks has deepened amid tariff and recession fears. Markets are trading near multi-month lows, and there ...
Citigroup (C) mistakenly credited $81 trillion to a customer’s account last year and took hours to reverse the transaction, ...
Citigroup (NYSE:C) erroneously credited a client's account with $81T in what should have been a $280 transaction, a mistake ...
The near-miss in Citigroup's wealth-management business magnified the intended amount by more than a thousand times and was ...