In the third annual installment, the “Transformation Bonus Program” paid out 68% of the target for 2024 to about 250 senior employees, according to a proxy filing Tuesday. That compares with 94% for ...

The hires, meant to shore up a division that has not been as tech-forward as leadership would like, have included Morgan ...

Citigroup paid top executives smaller bonuses last year tied to results of the bank's turnaround and risk management fixes ...

We recently published a list of 10 Most Undervalued S&P 500 Stocks to Buy Now. In this article, we are going to take a look ...

Currently, half of Citigroup's IT workforce is composed of external contractors, but the bank intends to decrease this ...

Citigroup announced a 30% reduction in IT contractors, aiming to cut their numbers from 50% to 20% of the IT workforce. This ...

The maker of Trader Joe's Charles Shaw wine, known as "Two Buck Chuck," announced more than 80 permanent layoffs at its Stanislaus County headquarters last week. Bronco Wine Co., based in Ceres ...

Citigroup is reportedly planning to make significant cuts to the number of IT contractors at the bank, instead hiring ...

Citi thinks March will see a "much more favorable" reading, with the firm predicting an out-of-consensus call of the Fed resuming its rate cuts in May. Market pricing currently indicates a much ...

The Environmental Protection Agency said it has terminated grant agreements worth $20 billion issued by the Biden administration under a so-called green bank to finance climate-friendly projects. The ...

A nonprofit that was awarded nearly $7 billion by the Biden administration to finance clean energy and climate-friendly projects has sued the Environmental Protection Agency, accusing it of improperly ...

The terminations are part of the department's "final mission," it said in a press release, alluding to Trump's vow to eliminate the department.