Citi

585 results about this entity

Period: 10 Jun 2010 - 07 May 2024

IBM gets Citi thumbs up for new generation mainframe

IBM has unveiled the most powerful mainframe server ever, the zEnterprise, that it claims will fundamentally change the way firms like banks manage data centres, enabling centralised management of disparate application silos.

Former bank IT man pleads guilty to $1m ID theft scam

A computer technician has pleaded guilty to stealing the personal information of 2000 former colleagues at the Bank of New York Mellon and using it to pilfer over $1.1 million from charities, non-profit groups and other institutions.

Circuit breaker called into action after Citi trade spooks market

The circuit breaker mechanism introduced in the wake of last month's flash crash was called in to action yesterday when a reporting error saw shares in Citi plunge 17%.

Citi to sell Canadian MasterCard business to CIBC

Citi has agreed to sell its C$2.1 billion Canadian MasterCard credit card portfolio to CIBC as part of an ongoing effort to shed non-core assets. Financial terms were not disclosed.

Citi rolls out contactless payments stickers

US giant Citi has begun offering customers contactless payments stickers that can be attached to the back of mobile phones.