The bank intends to decrease its reliance on external IT contractors, reducing their share of the workforce from 50% to 20%.

Bakkavor Group Plc rejected a cash and stock bid from Irish convenience food manufacturer Greencore Group Plc valuing the London-listed firm at £1.14 billion ($1.5 billion).

Overall, bank stocks have sold off about 15% from their recent peak in the face of jitters about an economic slowdown, as well as uncertainty about policies and their implications, he said. This is ...

Rio Tinto Group is investing in Exurban, a company planning to build an Indiana plant to recover metals from mobile phones, computers and other electronic waste, just as the Trump administration’s ...

Citigroup plans to reduce the number of its information technology contractors to 20% and hire 2,000 more full-time tech staff, bringing its total IT workforce to 50,000, per Reuters.

The stock's fall snapped a two-day winning streak.

Citigroup (C) plans to significantly cut its use of information technology contractors, while adding thousands of IT workers ...

Citigroup plans to dramatically reduce its reliance on information technology contractors and hire thousands of employees for ...

--Citigroup plans to dramatically reduce its reliance on information technology contractors and hire thousands of employees for IT as the company grapples with regulatory punishments over data ...

Citigroup (C) plans to reduce its reliance on independent information technology (IT) contractors by beefing up its internal ...

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.

A U.S. judge on Wednesday pressed President Donald Trump's administration for evidence of fraud, waste and abuse in a $20 ...