Exclusive: Citigroup plans to slash IT contractors, hire staff to improve controls

Show Business and Finance Publications

Sun, March 16, 2025

[ Sun, Mar 16th ]: Reuters

National Australia Bank says Nathan Goonan resigns as group CFO

[ Sun, Mar 16th ]: GOBankingRates

10 Things You Should Never Buy With a Credit Card

[ Sun, Mar 16th ]: KARK

How to shop amid tariff uncertainty

[ Sun, Mar 16th ]: Moneycontrol

Prevent social media harassment with these 10 social media tips shared by the government of India

[ Sun, Mar 16th ]: CNN

With the CFPB weakened, could risky lending make a comeback?

[ Sun, Mar 16th ]: Fortune

Families are being paid $5,000 to move to small t .. and escape a cost of living crisis in big cities

[ Sun, Mar 16th ]: CNBC

How to spot phony $1,400 IRS stimulus payment offers and protect your data

[ Sun, Mar 16th ]: Econostrum

[ Sun, Mar 16th ]: Forbes

The Power Of Progress: A Simple Exercise To Maintain Financial Momentum In Uncertain Times

[ Sun, Mar 16th ]: Insider

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[ Sun, Mar 16th ]: Bloomberg

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[ Sun, Mar 16th ]: 7NEWS

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[ Sun, Mar 16th ]: GhanaWeb

SIGA Director-General to ensure CEOs comply with Assets Declaration Law - President

[ Sun, Mar 16th ]: Investopedia

How Worried Should You Actually Be About a Recession?

[ Sun, Mar 16th ]: Invezz

Analyst says Cardano (ADA) price will see 500% ra .. and Mutuum Finance (MUTM) will move 22,220% to $5

Sat, March 15, 2025

[ Sat, Mar 15th ]: Econostrum

Centrelink Warning Over $1,000 Cash Boost - Thousands at Risk of Missing Out

[ Sat, Mar 15th ]: CarExpert

FleetPartners launches innovative online vehicle leasing calculator

[ Sat, Mar 15th ]: Forbes

Meet America's Only BJCP Grand Master And Master Cicerone

[ Sat, Mar 15th ]: MLive

See photos and video from JD Vance's visit to Bay County manufacturer

[ Sat, Mar 15th ]: Fortune

U.S. crypto czar's $200 million portfolio held Bitcoin, Coinbase, and Robinhood

[ Sat, Mar 15th ]: Bisnow

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[ Sat, Mar 15th ]: Euronews

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[ Sat, Mar 15th ]: Alternet

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[ Sat, Mar 15th ]: TechRadar

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[ Sat, Mar 15th ]: Moneyweb

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[ Sat, Mar 15th ]: Cryptopolitan

Wall Street giant Goldman Sachs finally gives crypto its due

[ Sat, Mar 15th ]: Week99er

Remittix's Crypto Presale Breaks $13.8 Million, Ready to Propel the Bull Run with XRP and Cardano

[ Sat, Mar 15th ]: GOBankingRates

How Trump's Presidency Could Impact Walmart, Target and Costco Prices

[ Sat, Mar 15th ]: abc27

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[ Sat, Mar 15th ]: Reuters

Berkshire Hathaway director Olson to step down, Buffett opposes shareholder proposals

[ Sat, Mar 15th ]: Tuko

Kenya's Smallholder Farmers Receive Boost after Avenews Launched KSh 2.5b Financing Programme

[ Sat, Mar 15th ]: Patch

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[ Sat, Mar 15th ]: BusinessTech

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[ Sat, Mar 15th ]: MarketWatch

If I have a Social Security problem, am I out of luck now that staff and services are being cut?

[ Sat, Mar 15th ]: CNBC

Trump's Canadian tariffs are having a chilling effect on Vermont's small business owners

[ Sat, Mar 15th ]: Kiplinger

It's No Surprise That Berkshire Hathaway's in the 100,000% Return Club

[ Sat, Mar 15th ]: CNA

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[ Sat, Mar 15th ]: Moneywise

Trump to roll out $5 million 'gold card' visa to .. ng and the wealth-magnet nations they're going to

[ Sat, Mar 15th ]: Insider

Real estate as an investment? One study says luxury watches do better.

[ Sat, Mar 15th ]: Regtechtimes

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[ Sat, Mar 15th ]: Timeslife

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[ Sat, Mar 15th ]: Newsweek

How to Survive a Trump Recession: The Ultimate Guide

[ Sat, Mar 15th ]: News4Jax

Greek government debt upgraded to investment grade, closing the door on a painful era

[ Sat, Mar 15th ]: Entrepreneur

Wipro Announces Major Business Realignment to Focus on Industry Trends

[ Sat, Mar 15th ]: BBC

Why is my council tax rising and how is it spent?

[ Sat, Mar 15th ]: WJHL

Economic uncertainty addressed at Appalachian Highlands Economic Forum

[ Sat, Mar 15th ]: Benzinga

Canadian Grocers Boycott US Products As Tariffs, .. nsions: 'American Booze Is Gone From The Shelves'

[ Sat, Mar 15th ]: AOL

Tiger Woods and Vanessa Trump are dating. There h .. ve been subtle clues for months they're together.

Fri, March 14, 2025

[ Fri, Mar 14th ]: GlobalData

NETSOL launches Transcend AI Labs

[ Fri, Mar 14th ]: Week99er

7 Best Crypto to Buy Now That Are Set to Dominate the Market

[ Fri, Mar 14th ]: Marketplace

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[ Fri, Mar 14th ]: Newsweek

Donald Trump Blamed for UK's Economic Woes

[ Fri, Mar 14th ]: Dealbreaker

Pharma Firms Mallinckrodt and Endo Agree to Merge in $6.7B Cash and Stock Deal

[ Fri, Mar 14th ]: MarketWatch

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[ Fri, Mar 14th ]: Patch

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[ Fri, Mar 14th ]: TechRadar

You can now use an IPv4 address as business collateral - and it could be worth millions

[ Fri, Mar 14th ]: Mint

Former L&T Finance chief Sanjay Garyali appointed CEO of microfinance lender Fusion Finance

[ Fri, Mar 14th ]: TheWrap

Justine Bateman Says Trump and Musk Should Use $1 .. llion of DOGE Savings to Start American Film Fund

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[ Fri, Mar 14th ]: PCMag

'Disrupt and Leapfrog': Intel's New CEO Charts a (Risky) Comeback Strategy

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Dr. Oz Accused of Underpaying Medicare Taxes Ahead of Nomination Hearing

[ Fri, Mar 14th ]: News24

New VAT-free foods: Most canned veg still excluded, but oxtail, tongue may be in

[ Fri, Mar 14th ]: Insider

M&A and IPOs slump under Trump: 'It's almost as bad as Covid.'

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TQM in the Digital Age: How AI and Automation Are Transforming Quality Management

[ Fri, Mar 14th ]: IOL

Empowering workers and SMEs: key digital inclusion strategies from the B20 Summit

[ Fri, Mar 14th ]: Investopedia

Why Filing Your Taxes Early Could Save You Stress and Money

[ Fri, Mar 14th ]: Reuters

Hong Kong's AIA misses VONB estimates, unveils $1.6 billion buyback

[ Fri, Mar 14th ]: Stocktwits

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[ Fri, Mar 14th ]: Invezz

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[ Fri, Mar 14th ]: Fortune

Publicis New York CEO Carla Serrano and the downside of Trump's war against all

[ Fri, Mar 14th ]: Forbes

AI's Expanding Role In Retail And E-Commerce: Balancing Efficiency With Human Touch

[ Fri, Mar 14th ]: CNN

Elon Musk's Tesla says it could be targeted by retaliatory tariffs

[ Fri, Mar 14th ]: TheStreet

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[ Fri, Mar 14th ]: BusinessTech

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VFX and Animation Studio Cinesite Raises $215 Million On the Heels of Technicolor Collapse

[ Fri, Mar 14th ]: BusinessGhana

Govt to overhaul VAT System by end of year - Finance Minister

Thu, March 13, 2025

[ Thu, Mar 13th ]: AOL

Tech leaders at Anthropic, IBM, and Meta warn that AI is coming for software developer jobs

[ Thu, Mar 13th ]: WFAA

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[ Thu, Mar 13th ]: Moneyweb

How Eskom and National Treasury saved taxpayers more than R20bn

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[ Thu, Mar 13th ]: SmartAsset

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[ Thu, Mar 13th ]: Politico

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[ Thu, Mar 13th ]: CNBC

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[ Thu, Mar 13th ]: GOBankingRates

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[ Thu, Mar 13th ]: Audacy

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[ Thu, Mar 13th ]: CNA

CNA Explains: What happens if a Singapore-licensed investment platform goes under?

[ Thu, Mar 13th ]: CNN

Trump imposes sweeping 25% steel and aluminum tariffs. Canada and Europe swiftly retaliate

[ Thu, Mar 13th ]: WKYT

Lexington welder discusses impact tariffs could have on business

[ Thu, Mar 13th ]: stacker

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[ Thu, Mar 13th ]: Observer

Blockchain's Billion-Dollar Blunder: How Finance's Tech Revolution Became an Awkward Evolution

[ Thu, Mar 13th ]: Insider

An early TikTok investor is $17 billion richer th .. he wealthiest man in finance after Warren Buffett

[ Thu, Mar 13th ]: BusinessTech

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[ Thu, Mar 13th ]: Euronews

Generali, Deutsche Bank and Deliveroo: The company news moving the markets

[ Thu, Mar 13th ]: Bloomberg

Trump Crypto Venture Has Talked to Binance About Doing Business

[ Thu, Mar 13th ]: Africanews

U.S. Gold Card: What it means for African investors Business Africa

[ Thu, Mar 13th ]: Axios

Exclusive: GSR Ventures splits its U.S. and China arms

[ Thu, Mar 13th ]: Due

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[ Thu, Mar 13th ]: Astrofame

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[ Thu, Mar 13th ]: eNCA

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[ Thu, Mar 13th ]: Forbes

The Art Of Risk Management And Navigating Uncertainty

[ Thu, Mar 13th ]: Fortune

Roomba creator iRobot was once courted by Amazon .. cuum revolution. Now, it might go out of business

[ Thu, Mar 13th ]: Week99er

Best Altcoin to Buy in March 2025? Qubetics Sell .. SEI's $557M Revenue, and Mantra's $6B Market Cap!

[ Thu, Mar 13th ]: MarketWatch

Mallinckrodt and Endo plan merger as they look to recover from opioid litigation

[ Thu, Mar 13th ]: Barchart

Stocks Slip Before the Open as U.S. Shutdown Fears Grow, PPI Data in Focus

[ Thu, Mar 13th ]: Reuters

Drugmakers Mallinckrodt and Endo to merge in nearly $7 billion deal

[ Thu, Mar 13th ]: Moneycontrol

NIFTY 50 Intraday: Shriram Finance and Tata Motor .. Among Top Losers; Bharat Elec and SBI Lead Gains

[ Thu, Mar 13th ]: Kiplinger

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[ Thu, Mar 13th ]: NewcastleWorld

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[ Thu, Mar 13th ]: Zawya

RemotePass and Wafeq partner to automate payroll and accounting for UAE & KSA businesses

[ Thu, Mar 13th ]: Investopedia

S&P 500 Gains and Losses Today: Tech Stocks Bounce Back After Soft Inflation Data

[ Thu, Mar 13th ]: Stocktwits

Cleveland-Cliffs, Steel Dynamics, US Steel, And O .. As Trump's Tariffs Take Effect: Retail's Bullish

[ Thu, Mar 13th ]: KKTV

Small business advocate worried as SBA office set to relocate from Denver

Wed, March 12, 2025

[ Wed, Mar 12th ]: Mediaite

Fox's Laura Ingraham Advises Viewers to 'Ignore' .. Stock Market Because Trump 'Is Good for Business'

[ Wed, Mar 12th ]: TheWrap

Fox Business Host Slams Trump White House - and F .. to Talk Economy: 'I'll Air Dirty Laundry All Day'

[ Wed, Mar 12th ]: Bloomberg

Schumer Says Democrats Will Block GOP Plan to Avert Shutdown

[ Wed, Mar 12th ]: KFVS12

Heartland business owners in the steel industry address the impact of tariffs

[ Wed, Mar 12th ]: WHAS11

'He was constantly giving' | Louisville remembers Junior Bridgeman's life and legacy

[ Wed, Mar 12th ]: Insider

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[ Wed, Mar 12th ]: FXStreet

Crypto Today: BTC, Pi Network and HBAR rally as US CPI triggers $40B buying spree

[ Wed, Mar 12th ]: CNN

US inflation cooled in February, but Trump's tariff plans and trade war loom

[ Wed, Mar 12th ]: Week99er

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[ Wed, Mar 12th ]: Fortune

Companies that want to hire workers with AI skills need to focus on this 3-part strategy

[ Wed, Mar 12th ]: Yahoo

Fat Tomato Grill owner passing the torch: 'It's been a hell of a run'

[ Wed, Mar 12th ]: CNET

Southwest Airlines Just Axed This Travel Perk, but There Are Still Ways to Get It for Free

[ Wed, Mar 12th ]: Forbes

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[ Wed, Mar 12th ]: WTOL

Financial stress rises as tax season approaches; experts warn of common mistakes and scams

[ Wed, Mar 12th ]: MarketWatch

I invested $4,000 in 2020 when the market crashed .. $55,000 with 65% in Nvidia. Am I now in trouble?

[ Wed, Mar 12th ]: GOBankingRates

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[ Wed, Mar 12th ]: BusinessTech

Medical aid tax credits, fuel levies and VAT - what to expect in South Africa's new budget

[ Wed, Mar 12th ]: CNBC

8-year-old's coffee business brought in $150,000 in 2024 and just got him a deal on 'Shark Tank'

[ Wed, Mar 12th ]: IOL

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[ Wed, Mar 12th ]: Newsday

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[ Wed, Mar 12th ]: NerdWallet

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[ Wed, Mar 12th ]: Entrepreneur

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[ Wed, Mar 12th ]: BBC

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[ Wed, Mar 12th ]: Zawya

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[ Wed, Mar 12th ]: GhanaWeb

All set for IFRIG's 2025 Islamic Finance Forum with focus on sukuk

[ Wed, Mar 12th ]: AOL

Tesla stock rises after worst day in almost 5 years as Musk says US production will double

[ Wed, Mar 12th ]: Reuters

South African rand opens weaker before budget showdown

[ Wed, Mar 12th ]: Investopedia

50 Best Cities To Retire In the U.S.: The Surprising Leaders in Affordability

Tue, March 11, 2025

[ Tue, Mar 11th ]: EURweb

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[ Tue, Mar 11th ]: TechRadar

Office 2024 LTSC vs Microsoft 365 Business: what are the differences?

[ Tue, Mar 11th ]: Yahoo

CSP: Man took payment for Mansfield home repair service and never showed

[ Tue, Mar 11th ]: WOWT

Neighborhood, City Council debate liquor license at North Omaha business

[ Tue, Mar 11th ]: AOL

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[ Tue, Mar 11th ]: Investopedia

Some Of Trump's Biggest Fans In Business Are Starting To Feel The Uncertainty

[ Tue, Mar 11th ]: decrypt

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[ Tue, Mar 11th ]: CNET

Tariffs Explained: What They Mean for You as New Canada Duties Announced

[ Tue, Mar 11th ]: Fortune

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[ Tue, Mar 11th ]: UPI

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[ Tue, Mar 11th ]: Forbes

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[ Tue, Mar 11th ]: Newsweek

Amid Recession Fears, Dow Plummets, Nasdaq Has Worst Day Since 2022

Mon, March 10, 2025

[ Mon, Mar 10th ]: WTHR

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[ Mon, Mar 10th ]: Bloomberg

Banks Race to Catch Up With EU Defense Goals in Major Reset

Exclusive: Citigroup plans to slash IT contractors, hire staff to improve controls

//business-finance.news-articles.net/content/202 .. -contractors-hire-staff-to-improve-controls.html

Published in Business and Finance on Thursday, March 13th 2025 at 6:40 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Citigroup plans to dramatically reduce its reliance on information technology contractors and hire thousands of employees for IT as the lender grapples with regulatory punishments over data governance and deficient controls.

Citigroup Inc. is planning to significantly reduce its reliance on external IT contractors by hiring more full-time staff, aiming to enhance control over its technology operations. This strategic shift, announced on March 13, 2025, is part of a broader initiative to improve efficiency and manage costs more effectively. The bank has been under scrutiny for its technology management, especially after a series of operational issues and regulatory fines. By transitioning to in-house staff, Citigroup seeks to streamline its IT processes, reduce expenses associated with contractor fees, and ensure better alignment with the company's long-term goals. This move also reflects a broader industry trend towards reducing external dependencies in critical operational areas.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/citigroup-plans-slash-it-contractors-hire-staff-improve-controls-2025-03-13/ ]

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