Citigroup nearly transferred about $6 billion to a customer's account by mistake after an employee accidentally copied and ...

It comes as the bank delivered a stronger FY2024 performance under new CEO Jason Quinn, reporting an 11% increase in diluted ...

This week has seen a peculiar case in the banking sector where a clerical error almost transferred $6 billion to wealth ...

Nedbank Wealth will also no longer exist as a stand-alone cluster. These changes will become effective on 1 July 2025. “For ...

Stocks fell and bond yields slid on Tuesday in Asia with investors ducking for cover as new U.S. tariffs on Canada, Mexico ...

Boost active manager performance with Ensemble Active Management (EAM) using data science and machine learning. Read more ...

Los Angeles-based Composition Wealth on Monday announced it has acquired Vinoble Group and Unionview Wealth Partners, both ...

The growth-at-any-cost strategy won’t work anymore. Successful firms will need to streamline their vendors, platforms, ...

The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure, the report added.

Citigroup nearly credited about $6 billion to a customer’s account in its wealth-management business by accident, Bloomberg ...

The right resources can make all the difference in building personal wealth. These tools are helping everyday people on the ...

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