Citigroup plans to dramatically reduce its reliance on information technology contractors and hire thousands of employees for ...

The bank intends to decrease its reliance on external IT contractors, reducing their share of the workforce from 50% to 20%.

Citigroup is planning to significantly reduce its reliance on external IT contractors and expand its internal technology team as part of an effort to strengthen controls and address regulatory ...

Finance chief Mark Mason in January said Citi is investing more to address its data issues. The lender cut its closely-watched profitability target for 2026 as it tackles rising regulatory expenses.

The murder of George Floyd nearly five years ago prompted many wealth managers to recommit to diversity, equity and inclusion ...