Senator Cynthia Lummis’s leadership of the Senate Banking Subcommittee on Digital Assets marks a pivotal shift in U.S.

Citigroup has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction ...

Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the ...

Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an ...

FDIC cut 10% of staff as Trump's federal downsizing effort advances, fueling concerns over oversight and potential agency ...

Citigroup mistakenly credited a customer's account $81 trillion instead of $280 in April 2024, and multiple employees missed ...

It's only natural banks are going to make some mistakes given the number of transactions they handle on a daily basis.

Two co-workers even approved the astronomical sum – more than 20 times the UK’s GDP – before it was sent to the client’s ...

Trillions were at stake as the Department of Labor, which plays a role in protecting U.S. private pension assets, sifted ...

This monumental mistake, previously unreported, has come to light at a critical time for Citigroup. The bank is currently striving to convince regulators that it has ...

A charter school company with campuses in Asbury Park and Neptune is under investigation by the Office of the State Comptroller following a series of high profile scandals. The New Jersey Office o ...

Lawmakers and regulators are cracking down on banks closing consumer accounts, but neither banks nor regulators have hard ...