It's only natural banks are going to make some mistakes given the number of transactions they handle on a daily basis.
I n a significant shift reflecting the evolving landscape of banking, Bank of America has announced plans to close several of its physical branches across 16 states by 2025. This ...
Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them ...
Charlotte-based Bank of America, tied again this year with Chase Bank at the top of the national banks category. But both ...
ValueQuest Investment Advisors has named Deepak Ramachandra as CEO. With leadership experience at Axis Capital, Citibank, and ...
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
A Bank of America NA account holder who sued the company for allegedly breaching its contract when it improperly charged ATM ...
The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not ...