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 ...
Jane Fraser at Citi received the largest pay rise among Wall Street CEOs in 2024, but it is not all good news.
8d
Self Employed on MSNCiti Reverses $81 Trillion Account MistakeCitigroup 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 ...
2d
Barchart on MSN1 Dividend Stock to Buy for a Turnaround as the Market Sells OffThe selloff in U.S. stocks has deepened amid tariff and recession fears. Markets are trading near multi-month lows, and there ...
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 ...
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