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Citigroup slashes promotions
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on Tuesday.
Citigroup slashes banker promotions in cost-cutting drive: report
Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from 8,000 in previous years, the FT reported.
Citigroup to Slash Year-End Promotions Amid Organization Overhaul
Citigroup Inc. C is planning to slash the number of year-end promotions it typically grants as it strives to keep expenses low amid a long-term organizational overhaul to shrink headcount, as reported by the Financial Times.
"Morale pretty low" as Citigroup slashes year-end promotions
Citigroup has announced a dramatic overhaul to its year-end promotions process, slashing the number granted as it grapples with cost-cutting measures and a sweeping restructuring to shed jobs and streamline its operations, the Financial Times reported.
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Pre-Earnings Look At Struggling Salesforce Stock
Customer relationship management system provider Salesforce (CRM) is entering the earnings confessional after the close on ...
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Citigroup: Still Undervalued As Restructuring Is Showing Results
Citigroup is a strong value play with potential for further gains, low valuation metrics, and a promising dividend yield. See ...
22h
Citigroup Awards Special Retention Bonuses for Dozens, Bloomberg News Reports
(Reuters) -Citigroup's wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall ...
3h
Citi wins order against ex-law firm unit banker who joined BMO
A federal judge in San Francisco has temporarily blocked a former Citigroup private banker from using confidential information related to Citi's law firm clients following his move to competitor Bank ...
9h
Citigroup: Q3 Performance Justify Fair Value
Citi's valuation metrics indicate a mixed picture: a high P/E ratio suggests accounting risks, but a low P/B ratio offers a ...
2d
Citi Bonuses Buy Time for New Wealth Boss’s Rush to Revamp
Citigroup Inc. was preparing to declare its wealth business a key piece of the bank’s growth strategy, but behind the scenes ...
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on MSN
Citigroup hires Kate Moore from BlackRock as wealth CIO
Citigroup announced on Tuesday it is hiring Kate Moore as its new wealth division's chief investment officer. Moore is ...
15h
It's Still Early In The Citigroup Turnaround Story - Buy In Now
Citigroup is investing in human capital and digital infrastructure, while retaining market share in some segments. See why C ...
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