Mithra Warrier, Citi North America head of capital introduction, joins 'Closing Bell' to discuss investing in hedge funds, M&A's and IPOs and the tech trade.
Diane Swonk, KPMG chief economist, and Gilbert Garcia, Garcia Hamilton and Associates CIO, and Steven Wieting, Citi Wealth chief investment strategist, join 'The Exchange' to discuss the Federal Reserve's policy,
Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure.
David Finkelstein, a veteran investment banker who currently heads Citigroup's global consumer and retail banking franchise, is leaving the bank, people familiar with the matter told Reuters on Monday.
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the bank's controls.
Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, following U.S. President Donald Trump's executive order initiating an investigation into U.S.
Last year, Citi had a total of 10 "near misses" of $1 billion or greater, the Financial Times reported. Near misses are when a bank mistakenly credits a customer's account with the wrong amount but can recover the funds.
(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 trillion instead of $280. It quickly reversed the transaction within a few hours. CBS News reports this happened last April.
Citi keeps a Buy rating on DocuSign (DOCU) with a $113 price target ahead of the Q4 report. The firm is “more confident” heading into earnings
Researchers at Citigroup say that new tariffs on Canada and Mexico are likely to dent economic growth and push the Federal Reserve to lower interest rates later this year. In a Tuesday note, they said that if the tariffs aren’t repealed in a matter of weeks,
Citigroup Inc.’s Mexican retail bank Grupo Financiero Banamex is planning to launch its own corporate banking business — a move that will eventually put it in competition with its current parent.
(Reuters) - Citi anticipates an eventual implementation of a 25% copper-specific tariff by the fourth quarter of 2025, following U.S. President Donald Trump's executive order initiating an investigation into U.S. copper imports, the bank said in a note on Wednesday.