Citigroup strips COO of responsibility after $136mn fine
WEBSep 16, 2024 · Citigroup is stripping chief operating officer Anand Selva of his responsibility for a key piece of its compliance work, after the bank was fined $136mn by regulators this summer for...
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...
Press Releases from Citi | Citi News Releases - Citigroup
WEBPRESS RELEASE. Citi CFO Mark Mason to present at the 2024 Barclays Global Financial Services Conference. August 30, 2024. UPCOMING EVENT. Sibos 2024. Showcasing products and services for bank clients across payments, liquidity and custody in addition to execution solutions. Learn More.
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 CEO faces growth challenge as overhaul rattles ...
WEBApr 9, 2024 · Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs by laying off ...
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.
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...