How Citigroup Can Avoid Another False Dawn

[ad_1] There are few more dangerous words in finance than “this time is different.” But for Citigroup, perhaps it is safer to say that at the very least, “this time…

Citi Rejigs Global Organizational Structure

[ad_1] US banking giant Citi has announced changes to its global organizational structure, which will include scrapped management layers and job cuts. Citi will make significant changes to its organizational…

Citigroup Makes Fresh Round of Layoffs in Jane Fraser’s Restructuring Plan

[ad_1] Updated Nov. 20, 2023 11:52 am ET Citigroup began making an extensive round of layoffs and organizational changes, part of Chief Executive Jane Fraser’s efforts to streamline the sprawling…

Citigroup Fined for Discriminating Against Armenian Americans

[ad_1] Updated Nov. 8, 2023 10:46 am ET Citigroup was fined more than $25 million for discriminating against Armenian Americans and blocking them from getting credit cards. The bank’s employees…

Are High Rates Taking a Toll on Consumers? Bank Earnings Will Provide a Clue

[ad_1] JPMorgan, Wells Fargo and Citigroup will report third-quarter results on Friday, followed by others next week. [ad_2] Source link

Citigroup to review 250 London jobs as CEO Jane Fraser’s overhaul kicks off

[ad_1] Citigroup has put 250 jobs in its UK operation under review, with some cuts likely, as the Wall Street bank rolls out the next phase of chief executive Jane…

Stocks Edge Higher After No-Surprises Inflation Report

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Citigroup CEO Jane Fraser Is Shaking Up Executive Ranks

[ad_1] The bank declined to say how many jobs would be cut in the changes, which are meant to shrink the top of the sprawling company. [ad_2] Source link

Citigroup CEO Jane Fraser Gets $24.5 Million 2022 Paycheck, Up 9%

[ad_1] The chiefs at other big banks, including Goldman and Morgan Stanley, had their pay slashed. [ad_2] Source link

Citigroup to Pull Out of Consumer Banking in China

[ad_1] The move is part of a wider step back from the business in Asia and elsewhere. [ad_2] Source link