Citi (C) Plans to Reserve $600 Million for Severance Payments in …
Jan 15, 2025 · Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer …
Citi Reworks Its Private Bank as Head Leaves Firm After 18 Years
2 days ago · Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and …
Ex-Citi Bankers Urge Board to Claw Back Hundreds of Bonuses - BNN Bloomberg
Oct 31, 2024 · (Bloomberg) -- A group of former Citigroup Inc. bankers is urging the firm’s board to cancel bonuses for hundreds of managers, slash spending on consultants and take other …
Citi Sees a Deal Boom Emerging as US Firms Go Shopping in Europe
Jan 21, 2025 · Citigroup Inc.’s top investment banker says US corporates are on the hunt for overseas deals thanks to a strong dollar, an easier regulatory regime and a widening gap in …
Citi Offers Rare Exchangeable Bond Linked to Airbus Shares
16 hours ago · Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and …
Citi Bonuses Buy Time for New Wealth Boss’s Rush to Revamp
Nov 25, 2024 · WATCH: Citi is using special bonuses to keep wealth bankers. Source: Bloomberg. Citigroup Inc. was preparing to declare its wealth business a key piece of the …
Citi, Apollo Join Forces in $25 Billion Private Credit Push - BNN Bloomberg
Sep 26, 2024 · (Bloomberg) -- Citigroup Inc. and Apollo Global Management Inc. are teaming up in the fast-growing private credit market, agreeing to work together on $25 billion worth of …
Citigroup axes more jobs as part of ongoing cost-cutting plan
Jan 16, 2025 · Citi's stock surged 37% in 2024, outperforming the broader banking index , opens new tab and the equity markets , opens new tab, as investors cheered Fraser's efforts to …
Watch Citi Announces $20B Buyback - Bloomberg
Jan 15, 2025 · Citigroup Inc. lowered a crucial profitability target central to Chief Executive Officer Jane Fraser’s plan to turn around the bank, but offered investors a sweetener in the form of …
Citi Pitches Money-Moving ‘Crown Jewel’ as Central to Revamp (3)
Jun 18, 2024 · Citigroup Inc. is putting one of its least glamorous businesses front and center in its upgrade project, aiming to show how a sprawling system of moving money around the world …