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 ...
Executives were already in talks with higher-ups and regulators about how to address the incident when news of the much ...
RBC Capital Markets Global Financial Institutions Conference March 4, 2025 1:20 PM ETCompany ParticipantsMark Mason ...
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.
Citi (C)group nearly credited about $6B to a customer’s account in its wealth-management business by accident, Bloomberg’s Todd Gillespie ...
Citigroup Inc. came close to accidentally transferring nearly $6 billion to a customer's account when an employee mistakenly ...
The near-miss in Citigroup’s wealth-management business magnified the intended amount by more than a thousand times and was ...
A copy-paste error at Citigroup Inc. almost sent $6 billion to a client by accident. The employee handling the transaction ...
Instead of $280, Citigroup accidentally credited a customer with $81 trillion. Imagine waking up, checking your bank balance, ...
The near-miss in Citigroup's wealth-management business magnified the intended amount by more than a thousand times and was ...
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