Citigroup made history by appointing Jane Fraser as its next C.E.O., making her the first woman to lead a major Wall Street bank. Who will be the second? The chiefs of seven huge American banks ...

The chiefs of seven huge American banks testified on Capitol Hill yesterday, and talked regulation, Russia, recession and more. The banking and financial services giant is the first on Wall Street to ...

The $81 trillion incident serves as a stark reminder of the risks posed by outdated processes and the importance of accountability in the financial sector. A routine $280 payment into a customer’s ...

Citigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280. The payment, which took place last April, was missed by two employees but caught 90 ...

Citigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280. Stream NBC 5 for free, 24/7, wherever you are. The payment, which took place last April, ...

WTF?! Citigroup, one of the world's largest financial institutions, narrowly avoided a colossal error that would have sent ripples through the banking industry. Last ...

An error almost led to a Citigroup account being credited with $81tn (€77.8tn) - an amount that is about 5 times the total wealth of the UK, which was estimated at ...

Citigroup Inc. is bracing for a possible U.S. default by avoiding some short-term Treasury investments amid what Chief Executive Officer Michael Corbat called "a dangerous flirtation with the debt ...