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Citigroup . Banking

Devin agentic coding for engineers

Scaled
14,000 of the bank's engineers use its main agentic coding tool Devin to make in-house work more efficient.From the source, 2026-10-13

What happened

On Citi's third-quarter 2026 earnings call, CEO Jane Fraser said 14,000 of the bank's engineers use Devin, its main agentic coding tool. She tied it to bringing work in house and said Citi cut tech vendor spend by 30% year over year as a result. The figure comes from the earnings call, as reported by Banking Dive.

Sources

Company
Citigroup
Industry
Banking
Vendor / platform
Cognition (Devin)
Type
Coding agent
Status
Scaled
Evidence date
2026-10-13
Source
https://www.bankingdive.com/news/ai-citi-fraser-wells-fargo-scharf-goldman-sachs-solomon-morgan-stanley-pick-bofa-moynihan-dimon/833087/
Notes
Figure is from the earnings call, as reported by Banking Dive.
Last checked
2026-10-19

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