Shares of JPMorgan Chase ( JPM -3.98%), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET.

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

Citigroup made a costly error but quickly reversed course after accidentally crediting a customer’s account with $81 trillion ...

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Citigroup admitted that it mistakenly credited a customer’s account to the tune of $81 trillion () Talk about a short-lived ...

(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 ...

In a report released today, David Konrad from KBW maintained a Buy rating on Citigroup (C – Research Report), with a price target of $92.00.

Last year, Citi had a total of 10 "near misses" of $1 billion or greater, the Financial Times reported. Near misses are when ...

Jeremy Knowland, the head of Citigroup Inc.’s private bank in the UK, is leaving the Wall Street giant after about two decades, the latest in a series of leadership changes for its wealth business.

The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...

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.