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...
Citi News | 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.
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...
Citigroup CEO faces growth challenge as overhaul rattles employees
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 ...
Citigroup at risk of quarterly loss after disclosing charges
WEBJan 10, 2024 — Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank's reorganization came in far higher than recently disclosed.
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.
Citi and Apollo Announce $25 Billion Private Credit, Direct …
WEBSep 26, 2024 — New York – Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies.
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 …
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 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.