CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.
Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from ...
Citigroup is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser's bank overhaul ...
Qian is often a go-to point for foreign investors seeking clarity on China's capital markets. "Many foreign investors, on ...
Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term ...
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Citi's valuation metrics indicate a mixed picture: a high P/E ratio suggests accounting risks, but a low P/B ratio offers a ...
Ultra-rich clients complained about outdated platforms that didn’t stack up against competitors, and relationship bankers ...
Trump hasn’t yet returned to office, and the biggest banks keep notching wins. The nation’s biggest banks have just in the ...
His abrupt personnel changes rankled some executives, prompting bankers to defect. In response, Citigroup offered dozens of retention bonuses to staff, particularly in the Wealth at Work unit and to ...
Citi's turnaround shows promise, but caution is advised due to short-term pressures and weaker returns compared to peers.
China's Vice-Premier He Lifeng met Citigroup CEO Jane Fraser in Beijing on Thursday, underscoring efforts to open up the ...