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Citigroup layoffs focus on support, technology staff
Citigroup has reportedly begun the layoff process after announcing a management overhaul on Wednesday (Sept. 13). Support staff in compliance and ris...
September 15, 2023, 1:22 pm
Citigroup (c) becomes first digital custodian on bbx platform
Citigroup (C) becomes the first digital custodian of BondbloX Bond Exchange platform. This will offer participants wider access to the global bond mar...
September 15, 2023, 12:01 pm
Citigroup yields 5% and trades at a -56% discount to book
Shares of Citigroup have declined by -15.76% over the past decade, but the company remains interesting with a strong loan-to-deposit ratio and consist...
September 15, 2023, 8:45 am
'freaked out': climate protesters take on blackrock, citigroup
Author of 'Irrational Fear' on Substack Matthew Wielicki argues the fears of climate protesters stem from world leaders claiming the 'oceans are boili...
September 15, 2023, 6:00 am
Citi begins jobs cuts under reorganisation plan
Citigroup Inc (NYSE:C) is reportedly cutting jobs in compliance and risk management as it carries out its biggest reorganisation in two decades. Co...
September 15, 2023, 4:17 am
Citi is forecasting a federal open market committee (fomc) interest rate hike in november
Info comes via Reuters. Citigroup is with the consensus forecasting no Fed Funds change at the September FOMC meeting, but to raise the rate in Novemb...
September 14, 2023, 9:27 pm
Citigroup starts layoff talks after management overhaul -sources
As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most likely to lose their jobs, accor...
September 14, 2023, 6:51 pm
Citigroup (c) realigns corporate structure, trims management layers
Citigroup (C) simplifies its organization and eliminates extra management layers to make the decision-making process swifter, drive increased accounta...
September 14, 2023, 1:31 pm
Citigroup ceo announces reorganization, jobs cuts likely
Citigroup (C) shares rose after CEO Jane Fraser announced a new reorganization plan. The company, which currently operates with two divisions, will un...
September 13, 2023, 4:54 pm
Citigroup reorganizes business model to streamline operations
Citigroup is making "significant changes" to streamline its organizational model. The flatter structure will eliminate management layers and speed up ...
September 13, 2023, 3:30 pm
Citigroup ceo reorganizes businesses, cuts jobs amid stock slump
CNBC's Hugh Son and Leslie Picker report on Citigroup's CEO reorganization of the business....
September 13, 2023, 3:15 pm
Citigroup's business heads in revamped structure
Citigroup announced a major reorganization on Wednesday that trims management layers, giving CEO Jane Fraser more direct oversight over its businesses...
September 13, 2023, 1:27 pm
Citi shakeup: the banking giant is planning layoffs and a huge overhaul
Citigroup is planning a sweeping overhaul of its organization after years of lackluster stock performance. Reorganization efforts will involve layoffs...
September 13, 2023, 1:19 pm
Stock news september 13, 2023: wework, citi, and adobe
Yahoo Finance anchors Brad Smith and Julie Hyman report on WeWork (WE) stock reversing course this morning as the stock has already fallen 90% year-to...
September 13, 2023, 1:01 pm
Citi (c) sells small business loan platform bridge to foro
Citigroup (C) sells its Bridge platform to Foro and becomes a strategic investor in Foro to expand the loan platform's services....
September 13, 2023, 12:46 pm
Citigroup shares trading higher following the reorganization announcement
CNBC's Leslie Picker joins 'Squawk on the Street' to report on Citigroup as the company's CEO, Jane Frazer, announced a corporate reorganization on We...
September 13, 2023, 12:34 pm
Citi ceo says restructuring is 'next big step' for bank
Citigroup CEO Jane Fraser says a major restructuring will help simplify how the bank is run and be a better fit for the long term. She speaks at Barcl...
September 13, 2023, 12:00 pm
Citigroup ceo jane fraser reorganizes businesses, cuts jobs
CNBC's David Faber delivers the latest news from Citi....
September 13, 2023, 10:37 am
Citigroup's stock rises as it reorganizes into a ‘streamlined geographic structure'
Citigroup Inc.'s C, +2.69% stock was up 0.8% in premarket trading on Wednesday after the megabank said it would reorganize into a flatter structure wi...
September 13, 2023, 9:18 am
Citigroup ceo makes sweeping management changes to simplify bank
Citigroup CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses as she seeks to sim...
September 13, 2023, 9:05 am