After years of regulatory scrutiny, Citi is relying on senior hires from JPMorgan, Bank of America, and PwC to help the firm restore its reputation.

Memo to 200,000 staff ties tougher performance expectations and job cuts to the banking's push into automation and artificial ...

Alex Berkett oversaw Paramount’s sale of Simon & Schuster and was involved in its recent merger with Skydance.

The Wall Street giant’s chief executive, Jane Fraser, will visit its local outpost after bankers were told they were in line for bigger pay packets this year.

The Wall Street bank on Wednesday said net income fell to $2.5bn in the final three months of the year, as expenses rose to nearly $14bn. The bank’s profits also took a $1.1bn hit from the sale of its ...

HONG KONG (Reuters) -Citigroup plans to raise its investment banking headcount in Japan by 10% to 15% over the next year and make new hires in Australia, as part of its strategy to bolster growth in ...

Citi's CEO pledged to save billions by cutting jobs. A new memo and statements by the bank's top brass shed light on how that ...

Citigroup Inc (NYSE:C) reported a fourth-quarter fiscal 2024 revenue growth of 12% to $19.58 billion, topping the analyst consensus estimate of $19.48 billion. Earnings per share, or EPS, of $1.34 ...

Citi's CFO said the bank "would" and "could" not support the proposed cap.

The market is up, the economic indicators are positive and life is happy and good, right? Not at Citigroup and Credit Suisse First Boston. According to the New York Post, both companies are expected ...