Citigroup axes more jobs as part of ongoing cost-cutting plan
Citigroup 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 sweeping reorganization under Chief Executive Officer Jane Fraser to cut costs.
Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank’s clients, Bloomberg reported.
Citi Cuts More Jobs in Push to Meet CEO Fraser’s Expense Goals
Citigroup Inc. eliminated more jobs this week, just as executives were announcing new share buybacks and doubling down on Chief Executive Officer Jane Fraser’s commitment to expense reductions.
Citigroup Slashes Jobs as Cost-Cutting Continues
Citigroup 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 sweeping reorganization under Chief Executive Officer Jane Fraser to cut costs.
Citigroup cuts more jobs to meet expense goals, Bloomberg News reports
Citigroup is cutting more jobs this week to meet CEO Jane Fraser's expense goals, Bloomberg News reported on Thursday, citing people familiar with the matter. Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank's clients,
Citigroup CEO Jane Fraser on new buyback program
Citigroup CEO Jane Fraser joins 'The Exchange' to discuss her company's latest earnings, the buyback announcement, her ...
Wall Street doubts Citi chief Jane Fraser can hit crucial target
Wall Street analysts are betting Citigroup will miss a critical long-term target, heaping pressure on chief executive Jane ...
Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
Citigroup Aims to Scale Up Wealth Unit
Citigroup’s wealth management unit reported improved results for the fourth quarter, with net income rising to $334 million ...
devdiscourse2d
Citigroup's Triumphant Turnaround: A Profitable New Era
Citigroup reported a profit increase in the fourth quarter, driven by robust trading and dealmaking activities. The bank also ...
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
Citigroup is set to report its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell. Here are some ...
Financial Advisor IQ1d
Citi Chief Touts Wealth Boss Andy Sieg’s Turnaround Effort
Citigroup 's wealth management unit had a "turning point" in 2024 as wealth head Andy Sieg has focused the unit on ...
devdiscourse2d
Citigroup's $20 Billion Buyback Amid Strategic Shift
Citigroup lowered its 2026 profitability guidance due to rising regulatory costs but announced a $20 billion share buyback ...