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

Citigroup (NYSE:C) plans to significantly cut its use of information technology contractors, while adding thousands of IT ...

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

Jennifer Sheng, who has been with the bank since 2019, was named head of North America Healthcare ECM, according to the memo ...

It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...

Citigroup (C) plans to reduce its reliance on independent information technology (IT) contractors by beefing up its internal teams. The ...

We recently compiled a list of the 10 Most Undervalued US Stocks to Buy According to Hedge Funds. In this article, we are ...

The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...

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

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 ...

Wall Street firms are warning investors about new risks from the increasing use of AI, including software hallucinations, ...

Banks have been acknowledging AI-related risks in their annual reports for the past couple years, but new concerns are cropping up as the sector embraces A1.