The bank intends to decrease its reliance on external IT contractors, reducing their share of the workforce from 50% to 20%.

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In a court filing, the bank said it was informed that the EPA’s Greenhouse Gas Reduction Fund was under an active criminal investigation.

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

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

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

Citigroup downgrades its stance on U.S. stocks. These bearish signals have been triggered, bank says. Just when investors thought it couldn't get worse, Monday's brutal selloff was a hold-their-beer ...

Citigroup recently experienced a series of errors that have raised concerns about the bank’s risk management and internal ...

The payment was reversed several hours later and no funds ever left the bank, the newspaper said. Citigroup, which has $1.7 trillion in assets according to Federal Reserve data, said there was "no ...

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 ...

Last year, an internal report at Citi described 10 "near misses," each involving $1 billion or more. The bank has come under scrutiny for the integrity of its internal controls ever since it ...

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 ...