Just because their names are relevant to the court case doesn't mean they are relevant to readers of an article reporting on that court case - especially when that article doesn't even bother to identify the court case itself or the software vendor implied by the article to be responsible for the root cause of the matter.
The court case is public record.
The court case itself is not in the first five pages of results.
Mentioning the name in this context links this person to one event which arguably isn't even their fault.
This has real consequences for this person in terms of professional reputation alone.
Both laziness and foolishness are in ample abundance, so the two men now will have to live out their lives marred in this scandal for no good reason.
Had the names been withheld the same lazy fools would run out of their attention span before they could find the names in the court papers.
The blame rests on the software vendor who built such an atrocious product and decision makers at Citibank who chose that software, in my opinion.