The exposure of Philippine banks and trust entities to the volatile property segment inched up to 19.8 percent of total loans ...

China's annual NPC highlighted a focus on keeping urban unemployment at 5.5%, creating 12 million new urban jobs, and ...

Citigroup’s $81 trillion error highlights ongoing struggles to fix operational issues as regulatory pressure on the bank ...

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 ...

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

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 ...

Citigroup nearly transferred $6 billion to a customer by mistake due to a copy-paste error, shortly after another error of ...

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

Citigroup's $81 trillion mistake sparks concerns over operational controls and regulatory oversight, prompting investments in upgrades.