Citi cuts return targets to spend more on regulatory fixes, plans …
Jan 15, 2025 · (Reuters) -Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program. Citigroup ...
Citi News | Press Releases from Citi | Citi News Releases - Citigroup
Check out the upcoming events at Citi. Sign up to receive the latest from Citi. Citi is the leading global bank. Citi strives to create the best outcomes for our clients and customers with financial solutions that are simple, creative and responsible.
Citigroup strips COO of responsibility after $136mn fine
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 Makes Changes to Technology Leadership and Its Services …
4 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 leader within the unit ...
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 ...
Citi to cut 20,000 jobs, posts $1.8 billion loss in 'disappointing ...
Jan 12, 2024 · Citigroup said it would cut 20,000 jobs over the next two years, acknowledging a "clearly disappointing" quarter marred by one-off charges that resulted in a $1.8 billion loss.
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 fourth quarter of 2023...
Citigroup Axes More Jobs as Part of Ongoing Cost-Cutting Plan - U.S. News
Jan 16, 2025 · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... (Reuters) -Citigroup is cutting more jobs this week after going through an overhaul last year ...
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 reported on Tuesday.
Citigroup Inc. (C) Latest Stock News & Headlines - Yahoo Finance
Get the latest Citigroup Inc. (C) stock news and headlines to help you in your trading and investing decisions.