Clearing refers to the process of reconciling or confirming transactions ... the Fed and the OCC fined Citi for “insufficient progress” in fixing data management problems and implementing ...

Citigroup (NYSE:C) erroneously credited a client's account with $81T in what should have been a $280 transaction, a mistake that could extend regulators' scrutiny as the bank attempts to convince ...

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 operational issues ...

Citibank is reportedly refusing to reimburse tens of thousands of dollars that mysteriously disappeared from a customer’s ...

Clearing refers to the process of reconciling or confirming transactions ... the Fed and the OCC fined Citi for "insufficient progress" in fixing data management problems and implementing controls ...

While the regulators said the bank had made progress, there were still significant problems at the bank that required the OCC and Fed to assess additional penalties. “Citibank must see through ...

Several nonprofits filed a complaint against the Trump administration and Citibank alleging the co ... an intersection of a variety of different issues or problems that face the company ...