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Citigroup axes more jobs
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.
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
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,
Citi cuts more jobs to reduce expenses: report
Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg reported on Thursday, citing people familiar with the matter.
3h
on MSN
Citigroup boosts dealmaker bonuses by 10% amid investment banking rebound - report
Citigroup (NYSE:C) increased its 2024 bonuses for its investment bankers by ~10% as Wall Street banks share more of the ...
4h
Citigroup’s Strong Financial Performance and Positive Outlook Justify Buy Rating
Richard Ramsden, an analyst from Goldman Sachs, maintained the Buy rating on Citigroup (C – Research Report). The associated price target was ...
Money Morning
1d
Citigroup’s $20 Billion Buyback Plan Signals Strength: What Investors Need to Know
Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management ...
5h
Citigroup: All About Share Buybacks
Citigroup's Q4 earnings report showed a 12% YoY revenue increase, with positive operating leverage across all 5 businesses.
8h
Citigroup’s Hold Rating: Balancing Positive Earnings with Restructuring and Regulatory Challenges
DBS analyst Lim Rui Wen maintained a Hold rating on Citigroup (C – Research Report) today and set a price target of $80.00.Stay Ahead of the ...
1d
Citigroup (C) Q4 2024 Earnings Call Transcript
Hello and welcome to Citi's fourth quarter 2024 earnings call. Today's call will be hosted by Jenn Landis, head of Citi ...
5h
on MSN
Dividend Roundup: Citigroup, Procter & Gamble, Caterpillar, CVS Health, and more
This week's dividend activity included increased payouts from Lakeland Financial (LKFN) and Valero Energy (VLO) as well as ...
2d
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 ...
Opinion
2d
Opinion
Goldman Sachs and Citigroup Are the Haves and Have-Nots
David Solomon has refocused Goldman on its core skills, while Jane Fraser is still struggling to get Citi into shape.
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