Citigroup (C) plans to reduce its reliance on independent information technology (IT) contractors by beefing up its internal ...
Citigroup stock is undervalued, trading at 75.5% of its tangible book value, presenting a strong buying opportunity amid ...
LTIMindtree dropped 3.20% to Rs 4323.60 after the media reported that Citigroup plans to drastically reduce its reliance on external IT contractors.
Citigroup nearly credited about $6 billion to a customer’s account in its wealth-management business by accident, Bloomberg News reported on Monday, citing people familiar with the matter.
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Bank Stocks Plunged on Monday. Here's Why Citigroup, Goldman Sachs, and SoFi all Got Hit so Hard.
The bank intends to reduce the proportion of these contractors from 50% to 20% as part of its strategy to enhance internal ...
NEW YORK (Reuters) - 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 ...
Shares of JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET. Shares of Wells Fargo (NYSE: WFC) traded 6.5% lower at that time, while shares ...
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.
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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