Shares of financial services company Block Inc (XYZ) soared over 6% on Friday after the Federal Deposit Insurance Corporation approved the company’s industrial bank, Square Financial Services, Inc.
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Citi Downgrades US Stocks
It was bound to happen. A major U.S. investment bank, Citi, has downgraded U.S. stocks. Tariffs have created too much ...
Yesterday, the bank's GDPNow model projected first-quarter gross domestic product (GDP ... about manual errors on bank transfers made at Citigroup, a core part of regulatory issues the bank ...
The Financial Times reports Citigroup was supposed to credit a client’s account with a $280 transfer. Somehow it turned into ...
Citigroup (C) ended the recent trading session at $70.46, demonstrating a -0.17% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.55%. Elsewhere, the ...
Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure.
NEW YORK (Reuters) - Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s ...
With a market cap of $136.3 billion, Citigroup Inc. (C) is a globally diversified financial services holding company that provides financial products and services to consumers, corporations ...