Citi sustained an $81 trillion "inputting error" last year, though no money left the bank. This followed a series of operational blunders that have drawn regulatory scrutiny. In 2020, Citi ...

LONDON--(BUSINESS WIRE)-- Citi Issuer Services, acting through Citibank N.A., has been appointed by Prudential plc (“Prudential”) to act as successor depositary bank for its sponsored Level 2 ...

No funds ended up being disbursed by Citi, which disclosed the near miss — when a bank processes the wrong amount but is able to recover the funds — to the Federal Reserve and the Office of ...

Gift 5 articles to anyone you choose each month when you subscribe. Wall Street giant Citi has appointed new co-heads of investment banking for Australia and New Zealand after a seven-month-long ...

It was bound to happen. A major U.S. investment bank, Citi, has downgraded U.S. stocks. Tariffs have created too much uncertainty, and so has the possibility of a gross domestic product (GDP ...

But offering extra fillips to bankers for simply doing their jobs is a flawed premise, especially when Citi is not yet fixed. Investment banks have long favored complicated schemes to incentivize ...

A federal judge barred Citi bank, which is stuck in the middle of a legal battle between climate nonprofit groups and the Environmental Protection Agency, from transferring $14 billion in grants for ...

Commissions do not affect our editors' opinions or evaluations. The Citi Premier® Card is no longer available to new applicants. Please see the issuer’s website for more information on ...

Citibank is currently offering a generous bonus of up to $2,500 when you open a personal checking account or a business checking account. There are no fees involved in the promotion, though you ...

Finkelstein, who is based in New York, joined Citi from Bank of America in 2018. Finkelstein spent more than a decade in various roles at Bank of America and previously worked at investment bank ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of ...

The massive transfer, which occurred last April and far exceeds Citi’s stock market value of about $150 billion, was initially missed by two employees and was caught 90 minutes after it was ...