Citibank

Major Financial Blunder: Citi's $6 Billion Mistake Due to Copy-Paste Error

8 days ago

In a staggering turn of events, Citibank nearly dispatched $6 billion to an incorrect account due to a simple copy-paste error. This incident has raised eyebrows and concerns regarding the internal checks and balances of one of the world's leading financial institutions.

Citi's Leading Real Estate Banker, Greenberger, Departures After Two Remarkable Decades

16 days ago

In a surprising development within the financial landscape, the Chief Executive Officer of Citigroup’s Real Estate Banking Division, Michael Greenberger, has announced his exit from the prestigious banking institution following an impressive tenure of 20 years. This unexpected decision has drawn considerable attention from industry insiders and analysts, who are keenly observing the ramifications of his departure on Citi's real estate sector.

HSBC Appoints Former Citi Banker to Spearhead Wealth Hub in Singapore

2 months ago

In a strategic move to fortify its presence in Asia's burgeoning wealth management sector, HSBC has announced the appointment of a seasoned banker from Citigroup to lead its international wealth hub in Singapore. This initiative marks a significant step in HSBC's ongoing efforts to enhance its wealth management capabilities amid the increasing demand for financial services in the region.