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Trio of new Citigroup executives stirs succession talk on ...
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...
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.
Exclusive: Citi hit by new Fed rebuke, setbacks on consent ...
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...
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.
Citi Statement on Next Phase of Organizational Changes
WEBNov 20, 2023 · Citi Statement on Next Phase of Organizational Changes. November 20, 2023. NEW YORK - “Today we shared with our colleagues the next layer of changes across many of our businesses and functions as we continue to align Citi’s organizational structure with our new, simplified operating model.
Citigroup to Sell Trust Services Unit to JTC for $80 Million
WEB3 days ago · Citigroup Inc.is selling its global fiduciary and trust administration services business to JTC Plcas the US bank’s wealth arm focuses more on the likes of wealth planning and investment ...
Citigroup discloses billions in one-time charges and reserves ...
WEBJan 10, 2024 · Citigroup discloses billions in one-time charges and reserves ahead of earnings report Friday. Citigroup (C) is in the middle of a complicated restructuring. It made it clear Wednesday that its...
JPMorgan Hires Citi’s Raimondi as Head of Americas SIG M&A
WEB1 day ago · Raimondi, who’s based in New York, will join JPMorgan later this year as head of North America Strategic Investor Group M&A, according to a memo reviewed by Bloomberg News. He’ll be ...
Citi tech chief to share data responsibility with COO: memo
WEB3 days ago · Citi’s chief operating officer, Anand Selva, will co-lead the bank’s data program with Tim Ryan, the lender’s head of technology and business enablement, according to a memo seen Monday by Banking Dive. Selva remains the head of the overall transformation effort, which includes data, controls, risk and compliance, the company said.
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