Exclusive-Citigroup plans to slash IT contractors, hire staff to improve controls
Citigroup plans to dramatically reduce its reliance on information technology contractors and hire thousands of employees for ...
China's Steel Economy Takes a Hit—But Not From Trump
New tariffs could cut the country's steel exports by as much as one-fifth in the coming months, S&P Global predicts.
The Recent Panic Provides An Opportunity To Buy Citigroup
Citigroup stock is undervalued, trading at 75.5% of its tangible book value, presenting a strong buying opportunity amid ...
Citigroup Will Reduce Its Reliance on Independent IT Contractors
Citigroup (C) plans to reduce its reliance on independent information technology (IT) contractors by beefing up its internal teams. The ...
Citigroup Taps Chris Chung to Run North America ECM Syndicate
Jennifer Sheng, who has been with the bank since 2019, was named head of North America Healthcare ECM, according to the memo ...
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Citigroup predicts LME copper price to hit $10,000 before US tariffs
Citigroup expects LME copper to hit $10,000 per tonne in the next three months, as the global market remains tight until the timeline for U.S. import tariffs becomes clearer.
Citigroup’s $81 trillion mistake is a warning ‘that operational risk is still a ticking time bomb in banking,’ expert says
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
Bank Stocks Plunged on Monday. Here's Why Citigroup, Goldman Sachs, and SoFi all Got Hit so Hard.
Bank Stocks Plunged on Monday. Here's Why Citigroup, Goldman Sachs, and SoFi all Got Hit so Hard.
Citigroup Makes (and Then Fixes) an $81 Trillion Mistake
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
Warren Buffett Is Selling Bank of America and Citigroup Stock and Is Piling Into This High-Yield Investment Instead
In his February letter to shareholders, Warren Buffett announced a new record Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) ...
Wall Street Flags New AI Risks From Hallucinations, Criminal Use
Goldman Sachs Group Inc., Citigroup Inc., JPMorgan Chase & Co. and other Wall Street firms are warning investors about new ...
Wall Street warns of new AI risks from hallucinations, criminal use
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.