Citigroup to end sweeping overhaul this week after 5,000 layoffs
WEBMar 25, 2024 · Citigroup is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its workforce by 5,000 employees since September.
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Exclusive: Citi hit by new Fed rebuke, setbacks on consent ...
WEBNEW YORK, Feb 12 (Reuters) - U.S. regulators have asked Citigroup (C.N) for urgent changes to the way it measures default risk of its trading partners and the bank’s own auditors have found a...
Citigroup CEO faces growth challenge as overhaul rattles ...
WEBApr 9, 2024 · Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs by laying off ...
Trio of new Citigroup executives stirs succession talk on ...
WEBJun 11, 2024 · Citigroup chief executive Jane Fraser has sparked speculation on Wall Street about a three-way race to be her heir apparent, after tapping a trio of outsiders with impressive résumés to aid her...
Citi's Chief Accounting Officer Johnbull Okpara Departs
WEB1 day ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference ...
Citi Statement on Final Phase of Organizational ... - Citigroup
WEBMar 25, 2024 · Citi Statement on Final Phase of Organizational Simplification Changes. NEW YORK - "Today we shared with our colleagues that we have concluded the major actions that we announced in September 2023 that align Citi’s structure with our simplified operating model.
Citigroup Inc. (C) Latest Stock News & Headlines - Yahoo Finance
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Fourth Quarter and Full Year 2023 Results and Key Metrics
WEBJan 12, 2024 · Citigroup’s end-of-period loans were $689 billion at quarter end, up 5% versus the prior-year period, largely reflecting growth in cards in USPB. Citigroup’s end-of-period deposits were approximately $1.3 trillion at …
Citigroup discloses billions in one-time charges and reserves ...
WEBJan 10, 2024 · Citigroup discloses billions in one-time charges and reserves ahead of earnings report Friday. Citigroup (C) is in the middle of a complicated restructuring. It made it clear Wednesday that its...