[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…
Tag: Citigroup
WSJ News Exclusive | Global Battery Race Heats Up With Billions for Europe’s Northvolt
[ad_1] Jan. 16, 2024 12:01 am ET One of the world’s most valuable battery startups is raising $3.4 billion in debt from the European Union and a group of banks…
Citigroup to cut 20,000 jobs by 2026 following latest financial losses
[ad_1] Low unemployment streak extends another month Citigroup is planning to lay off 20,000 employees, or about 10% of its workforce, in the next two years as it comes off…
Citigroup to cut 20,000 US employees | CNN Business
[ad_1] John Keeble/Getty Images Citi says it will also shed 40,000 jobs after the spin off of the bank’s Mexican retail unit. New York CNN — Citigroup will lay off…
Citigroup plans 20,000 job cuts over two years
[ad_1] The reductions are part of a sweeping reorganisation, and equal about 10% of the bank’s global workforce. [ad_2] Source link
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
[ad_1] Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and stock price. About 20,000 employees will be let go over…
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
[ad_1] Citigroup CEO Jane Fraser at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Adam Galica | CNBC Citigroup said it was cutting 10% of its workforce…
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
[ad_1] Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the…
Bitcoin ETFs Get Off to a Monster Start, Despite Resistance on Wall Street
[ad_1] Updated Jan. 11, 2024 7:25 pm ET The new bitcoin ETFs had a roaring debut in their first day of trading, but Vanguard refused to join the party. The…
Bank Earnings Season Is About to Start. Here’s What to Expect.
[ad_1] Big banks held up well in 2023, even though the Federal Reserve continued to raise interest rates at a fast clip. Reports on fourth-quarter bank earnings, which start this…