Citigroup is making progress on culling its employee ranks as part of its reorganization strategy ... a turnaround effort under CEO Jane Fraser, Citi has left or is exiting some overseas businesses.

Citigroup, Inc. (C.US)'s largest reorganization in decades will involve about US$1 billion, primarily for costs related to restructuring and severance, Mark Mason, Citigroup, I... Citigroup had ...

That's according to a new Citi Global Perspectives & Solutions (GPS) report on how financial technology is disrupting banks. "Banks' Uber moment will mean a disintermediation of bank branches ...

The groups have been shut out of their accounts at Citibank since Feb. 18 because of a still-unexplained freeze imposed amid criticism from President Donald Trump’s administration. On Tuesday ...

Citi has also set a goal to trim its global workforce by 20,000 over the next two years. The lender did not immediately ...

Senior leaders were paid just 68% of 2024’s target, the bank said in a proxy filing, citing slower progress on regulatory issues.

Citibank revealed in court filings on Wednesday that the FBI, the EPA, the EPA inspector general, and the Treasury Department have all requested that the bank freeze accounts of several nonprofits ...