TJ dropped the bombshell while he was on the phone with Eddie Osefo, who later relayed the information to Stacey, host Andy Cohen, and the rest of the Season 9 cast (sans Karen Huger). After the ...

Citigroup Inc. cut payouts to hundreds of top executives in the final round of a three-year special bonus program that tied their compensation to the bank’s progress on risk and regulatory matters.

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 ...

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 ...

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 ...

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 ...

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 ...

Recent reports of botched account transfers renewed scrutiny Citi’s back-office controls. The bank remains subject to consent orders from the Federal Reserve and Office of the Comptroller of the ...

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 ...

Citi says a payment that size could not have actually been executed and would have been stopped before any funds left the bank.

Featherweight world champion Nick Ball continued his formidable run as the seasoned TJ Doheny was pulled out by his corner before the 11th round at Liverpool's M&S Bank Arena. In an incident ...

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 ...