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…

South Africa Unveils Proposals for Major Immigration Overhaul

[ad_1] South Africa unveiled proposals aimed at overhauling and simplifying laws governing citizenship, immigration and refugee protection. “The South African Citizenship Act is a relic of the colonial era and…

Xerox to Cut Workforce 15% and Overhaul Operating Model

[ad_1] Updated Jan. 3, 2024 1:42 pm ET Xerox Holdings said it would reduce its workforce by 15% and shake up its leadership team as it reorganizes its operating model.…

India’s Adani hires global team for Mumbai slum overhaul project

[ad_1] NEW DELHI: Indian billionaire Gautam Adani’s joint venture with Mumbai’s slum rehabilitation authority has hired a global team to redevelop Dharavi, a key step in rebuilding one of Asia’s…

Citigroup to close global distressed-debt business as part of CEO Jane Fraser’s overhaul

[ad_1] A trader works underneath a monitor displaying Citigroup Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on June 3, 2016. Michael…

UK financial regulator says listing rules overhaul could lead to more failures

[ad_1] Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The UK’s top financial regulator has set out…

Alibaba Shares Surge After Historic Overhaul Heralds IPO Wave

[ad_1] Alibaba Group Holding Ltd.’s US shares closed 14.3% higher after China’s online commerce leader announced plans to split its $220 billion empire into six business units, a major restructuring…

Howden announces business overhaul

[ad_1] Howden announces business overhaul | Insurance Business UK We use cookies to improve this site and enable full functionality. You can change your cookie settings at any time using…

Is B2B Ready for a Real-Time Payments Overhaul?

[ad_1] Real-time payments have the potential, and the promise, to overhaul all corners of commerce. The recent introduction of the FedNow® System is only the latest entrant in the instant…