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 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,
Citigroup Layoffs: 10000 Gone; More Job Cuts On Cards? Details
Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason.Citigroup Severance : DetailsThe $600 million figure is down about 14 per cent from last year,
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.
Citigroup: All About Share Buybacks
Citigroup's Q4 earnings report showed a 12% YoY revenue increase, with positive operating leverage across all 5 businesses.
Money Morning2d
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Citigroup Earnings Top Wall Street Forecasts
Citigroup reported earnings of $1.34 per share for the fourth quarter, surpassing Wall Street estimates of $1.22. A year ago, ...
Citigroup faces £1 billion bill on London HQ overhaul with multi-level garden and mini villages to tempt staff back to the office
The bank's outlay is 10-times higher than original reports, and means it has spent nearly as much on renovations as it did ...
Citigroup stock climbs after posting Q4 earnings beat; announces $20B stock buyback
Citigroup ( NYSE: C) stock gained 5.6% in Wednesday premarket trading after the megabank posted better-than-expected Q4 ...