Business News Here’s Why This $215 Billion Bank Is Racing to Promote Junior Bankers The bank is giving its rising bankers a career boost. By Sherin Shibu
Business News Bank of America’s CEO Told Employees ‘You Don’t Have to Worry’ About AI Replacing Jobs — Four Months Later, He Cut 1,000 By Jonathan Small
Business News Citi Is Requiring AI Prompt Training for Hundreds of Thousands of Employees By Erin Davis
Business News JPMorgan Is Now Valued More Than Its 3 Largest Competitors Combined: ‘We’re Quite Cautious to Just Declare Victory’ JPMorgan is worth more than Citigroup, Bank of America, and Wells Fargo all put together. By Sherin Shibu
Business News Citigroup Is Giving Employees a Remote Work Perk This Summer: ‘A Quieter Time’ The bank says its hybrid work policy gives it a recruitment advantage. By Sherin Shibu
Business News Citigroup Mistakenly Credited a Customer with $81 Trillion Instead of $280: ‘Inputting Error’ An employee caught the mistake quickly, but the bank has recently made other errors that have drawn scrutiny and fines from regulators. By Sherin Shibu
Business News Citigroup Eliminated More Jobs This Week. Here’s Which Roles Were Affected. Citigroup aims to cut 20,000 jobs by 2026 and is now more than halfway to its goal. By Sherin Shibu