Citigroup slashes promotions as it seeks to overhaul bank, FT …
1 day ago · Citigroup awards special retention bonuses for dozens, Bloomberg News reports. Andy Sieg, who was hired last year by the lender, said the unit's recent results are starting to take hold, the ...
Citigroup slashes promotions as it seeks to overhaul bank, FT …
1 day ago · 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 hires Kate Moore from BlackRock as wealth CIO
19 hours ago · Citigroup announced on Tuesday it is hiring Kate Moore as its new wealth division's chief investment officer. ... Reuters, the news and media division of Thomson Reuters, is the world’s largest ...
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...
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Citi and Google Cloud Announce Strategic Agreement to Modernize Citi’s Technology Infrastructure and Drive Innovation
Citi and Google Cloud Announce Strategic Agreement to Modernize Citi…
Oct 28, 2024 · NEW YORK and SUNNYVALE, Calif., Oct. 28, 2024 – Citi and Google Cloud have joined forces in a strategic, multi-year agreement to support Citi's digital strategy through cloud technology and artificial intelligence (AI).
Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
NEW 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...
Citi Statement on Final Phase of Organizational ... - Citigroup
Mar 25, 2024 · 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. While these decisions were not made easily, they have allowed us to strengthen how we run the bank and serve clients through enhanced connectivity and ...
Citi, Falling Behind Peers, Unveils ‘Uncomfortable’ Changes and …
Sep 13, 2023 · Citigroup unveiled a wide-ranging management shake-up on Wednesday, and its chief executive, Jane Fraser, admitted in unusually frank terms that the bank was headed in the wrong direction and...
Citigroup discloses billions in one-time charges and reserves …
Jan 10, 2024 · Citigroup (C) is in the middle of a complicated restructuring. It made it clear Wednesday that its fourth quarter earnings report Friday will be complicated, too. The giant New York-based bank...