Citi Makes Changes to Technology Leadership and Its Services …
5 days ago · Last summer Citi dedicated an entire investor day to talk about one of its oldest businesses: services. The business is being reorganized, and a 35-year Citi veteran and key …
Citigroup Soars as Fraser Plans to Buy Back $20 Billion of Stock
Jan 15, 2025 · (Bloomberg) -- Citigroup Inc. said it will repurchase $20 billion worth of its stock in the coming years — unleashing billions of excess capital the bank had been keeping on hand …
Citigroup axes more jobs as part of ongoing cost-cutting plan
Jan 16 (Reuters) - Citigroup (C.N), opens new tab is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the ...
Citigroup strips COO of responsibility after $136mn …
Sep 16, 2024 · Citigroup is stripping chief operating officer Anand Selva of his responsibility for a key piece of its compliance work, after the bank was fined $136mn by regulators this summer for...
Citi News | Press Releases from Citi | Citi …
Find the latest news and updates from Citi, the leading global bank. Read about Citi's partnership with American Airlines, its new managing directors, its client advisory reports, and its …
Citigroup slashes promotions as it seeks to overhaul bank, FT …
Nov 26, 2024 · Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times …
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Exclusive: A key to Citi's regulatory woes - staff need skills ...
Oct 15, 2024 · Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank's own assessment, shedding light on why it is taking it years to fix …
Citigroup to cut 20,000 employees | CNN Business
Jan 12, 2024 · Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the …
Citi Statement on Final Phase of Organizational ... - Citigroup
Citi, the leading global bank, has concluded the major actions that align its structure with its simplified operating model. The bank will focus on its vision to be the preeminent banking …
Citigroup is 'no longer the financial supermarket of the …
Jun 18, 2024 · Jane Fraser, who took over as Citigroup CEO in 2021, said the bank is no longer the "financial supermarket of the past" and is focused on serving multinational corporations and wealth clients. She outlined the bank's …
