Beth Kowitt is a Bloomberg Opinion columnist covering corporate America. She was previously a senior writer and editor at ...
As rival banks like JPMorgan and Goldman Sachs mandate five days in the office, Citi sees its hybrid schedule as a key ...
UPDATE: This article includes comments made during Citi's earnings call. Citigroup CEO Jane Fraser made her feelings about expenses crystal clear on Wednesday: The megabank, which has been spending ...
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.
TOKYO -- U.S. banking regulation under President Donald Trump likely will see "pullback of some of the areas where it has been overdone" and risked limiting growth or access to credit, Citigroup CEO ...
Sprawling Citigroup is no stranger to reorganizations since its CEO, Jane ... Fraser said in a call with analysts last week. "We have materially simplified our firm since then." On Monday, Tim ...
Citi’s U.S. personal banking revenues grew 6% year over year to $20.4 billion. While CEO Jane Fraser credited growth in cards and consumer engagement, she also stressed the importance of ...
Citigroup is cutting more jobs this week to meet CEO Jane ... Citi’s stock surged 37% in 2024, outperforming the broader banking index and the equity markets, as investors cheered Fraser ...
CEO Jane Fraser said in a press release. In addition, Citi achieved positive operating leverage companywide and within each of the five businesses, and returned $7 billion in capital to ...
Citigroup reported fourth-quarter results that exceeded expectations, sending shares higher in pre-market trading Wednesday.
"2024 was a critical year and our results show our strategy is delivering as intended and driving stronger performance in our businesses," said Citi CEO Jane Fraser. "While we now expect our 2026 ...
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