Citi’s $81 trillion mixup underscores the risks of manual accounting
Top accounting talent remains essential in the financial services industry. And a "near miss" that almost cost Citigroup ...
Citi's consumer and retail M&A head Finkelstein to leave bank, sources say
David Finkelstein, a veteran investment banker who currently heads Citigroup's global consumer and retail banking franchise, ...
U.S. Crypto Strategic Reserve More Likely, Further Details Needed: Citi
"The announcement of further plans for the U.S. government potentially to become a strategic holder of digital assets would ...
Citi's latest blunder: an $81 trillion 'inputting error'
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
Citi predicts 25% US copper-specific tariff by fourth quarter
Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, following U.S.
Citi: The Most Compelling Valuation In Banking
Citi's current strategy might certainly boost its profitability and claw back the valuation gap to its peers. Click here to ...
Matt Levine's Money Stuff: Citi Keeps Hitting the Wrong Buttons
Also losing a billion dollars is cool, CEO personal conduct, the crypto strategic reserve, State Street vs. BlackRock and structured finance is also cool.
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Citi bungle briefly credits client’s account with $81 trillion — instead of $280
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 ...
Prologis, Inc. (PLD) 2025 Citi's Global Properties CEO Conference Call
Citi’s Global Properties CEO Conference Call March 3, 2025 11:00 AM ETCompany ParticipantsNicholas Gregory Joseph - ...
Citi Predicts 25% Copper-Specific Tariff by Fourth Quarter
(Reuters) - Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, ...
Citi's $81 Trillion Mistake Flagged as ‘Near Miss,’ Raises Risk Control Concerns
Citigroup mistakenly credited a customer’s account $81 trillion last April instead of the intended $280. The error went unnoticed by two employees but was caught 90 minutes later, reversed within ...