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Citigroup

Citigroup  | Jul 11, 2024
Citigroup fined $136 million: Regulator warns of "enterprise-wide deficiencies”
Jane Fraser at the World Economic Forum Annual Meeting in 2022 (Image: World Economic Forum)

Banking group facing huge payout after allegedly making "insufficient progress" on risk and data quality management transformation

 |  Citigroup  | Apr 15, 2024
Citi slashes 110 applications, overhauls backups: Next up...
Citi slashes 110 applications, overhauls backups: Next up...

Remediating data is a major 2024 priority

Citigroup  | Jul 17, 2023
Citi’s tech spend hits $3 billion in Q2, as CFO highlights in-sourcing efforts
citi tech spend Q2 2023

Citigroup spent the equivalent to some $50 million on technology every single working day over the past quarter..

Featured  | Jan 16, 2023
A $1bn fat finger helps drive Citi's $13.6bn IT spending plans
A $1bn fat finger helps drive Citi's $13.6bn IT spending plans

Overhaul comes after howling error in 2020 blamed on legacy software, bad training...

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