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

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

The accounts were frozen in February, but documents filed today make public details which had previously been unknown.

Zeldin has attacked the green fund as “ criminal ” and sent letters to the climate nonprofits notifying them that their ...

Bank Stocks Plunged on Monday. Here's Why Citigroup, Goldman Sachs, and SoFi all Got Hit so Hard.

David Finkelstein, a veteran investment banker who heads Citigroup's global consumer and retail mergers and acquisitions unit ...

Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer ...

Dipendra Malhotra, former head of analytics, AI and data at Morgan Stanley's wealth unit, will help drive technology ...

Shares of JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET. Shares of Wells Fargo (NYSE: WFC) traded 6.5% lower at that time, while shares ...

The fourth quarter saw Buffett sell off significant chunks of his stakes in financial stocks including Bank of America and ...

In a court filing, the bank said it was informed that the EPA’s Greenhouse Gas Reduction Fund was under an active criminal investigation.

In January, Citi cut its closely watched profitability target in 2026 to tackle rising regulatory expenses. The company's finance chief, Mark Mason, said at the time that the bank is investing more to ...