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Citigroup

Citigroup touts data efforts as senator snarls, regulators circle

"We've got over 11,000 regulatory reports" lamented CFO Mark Mayer. "We're talking about ensuring that the data that we capture at trade entry is the data that's required to ultimately show up on these various regulatory reports..."

Citigroup’s CFO Mark Mason: Cybersecurity costs are surging

"One of the most rapidly growing expense line items" -- with Zscaler and CyberArk among the vendors getting paid.

Jane Fraser at the World Economic Forum Annual Meeting  in 2022 (Image: World Economic Forum)

Banking group facing huge payout after allegedly making "insufficient progress" on risk and data quality management transformation

Citi slashes 110 applications, overhauls backups: Next up...

Remediating data is a major 2024 priority

citi tech spend Q2 2023

Citigroup spent the equivalent to some $50 million on technology every single working day over the past quarter..

A $1bn fat finger helps drive Citi's $13.6bn IT spending plans

Overhaul comes after howling error in 2020 blamed on legacy software, bad training...

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