No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the bank's controls.
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Amazon S3 on MSNCiti's $81 Trillion Mistake Flagged as ‘Near Miss,’ Raises Risk Control ConcernsCitigroup mistakenly credited a customer’s account $81 trillion last April instead of the intended $280. The error went unnoticed by two employees but was caught 90 minutes later, reversed within ...
(RTTNews) - Citigroup Inc (C) has lifted total fiscal 2024 compensation for Chief Executive Officer Jane Fraser following significantly higher financial performance and sustainable growth.
Jane Fraser is the only woman in charge of one of America’s banking giants. She earned another $34.5m (£27.4m) as chief executive of Citigroup in 2024 - taking her pay since taking the helm in ...
Among big bank leaders, Citigroup (C) CEO Jane Fraser received the highest year-over-year pay increase in 2024, with her annual compensations increasing by $8.5 million. JPMorgan Chase & Co. (JPM ...
Despite lower profitability metrics, Citi offers a compelling valuation and strategic improvements under Jane Fraser, enhancing shareholder value. Citi's restructuring focuses on core businesses ...
The bosses of the biggest banks on Wall Street all got pay bumps, but the biggest raise belonged to Citigroup (C) CEO Jane Fraser. Fraser’s total 2024 compensation rose by roughly a third to $34 ...
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