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Exclusive: Citi breached a rule meant to keep banks safe, made ...
WEBNEW YORK, July 31 (Reuters) - Citigroup, opens new tab repeatedly breached a U.S. Federal Reserve rule that limits intercompany transactions, leading to errors in its internal liquidity reporting...
Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
WEBNEW 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...
Citigroup to end sweeping overhaul this week after 5,000 layoffs
WEBMar 25, 2024 — Citigroup is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its workforce by 5,000 employees since September.
Citigroup is 'no longer the financial supermarket of the past': Fraser
WEBJun 18, 2024 — Citigroup is paring back its ambitions, shedding businesses and cutting back headcount as it tries to revive its stock price and remove decades of bloat.
Citi Statement on Final Phase of Organizational ... - Citigroup
WEBMar 25, 2024 — Citi Statement on Final Phase of Organizational Simplification Changes. 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.
Trio of new Citigroup executives stirs succession talk on Wall Street
WEBJun 11, 2024 — Citigroup chief executive Jane Fraser has sparked speculation on Wall Street about a three-way race to be her heir apparent, after tapping a trio of outsiders with impressive résumés to aid her...
Fourth Quarter and Full Year 2023 Results and Key Metrics - Citigroup
WEBJan 12, 2024 — Citigroup’s end-of-period loans were $689 billion at quarter end, up 5% versus the prior-year period, largely reflecting growth in cards in USPB. Citigroup’s end-of-period deposits were approximately $1.3 trillion at …
Citigroup Inc. (C) Latest Stock News & Headlines - Yahoo Finance
WEBGet the latest Citigroup Inc. (C) stock news and headlines to help you in your trading and investing decisions.
Citigroup (C) earnings Q2 2024 - CNBC
WEBJul 12, 2024 — Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity. Investment banking revenue surged 60% to $853 million,...