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The Clock Is Ticking on Jane Fraser’s Citigroup Turnaround
The Wall Street Journal· 5 days agoThe CEO has called this a critical year for the troubled banking giant, after two decades of...
Citigroup urges dismissal of ex-managing director's whistleblower lawsuit
Reuters via Yahoo Finance UK· 1 day agoNEW YORK (Reuters) -Citigroup urged a judge to dismiss a lawsuit by a former managing director who...
Citigroup's head of risk data leaves in latest senior exit
Reuters via Yahoo Finance UK· 3 days agoRisk and data have been key issues for Citi in recent years following consent orders by the Federal...
The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google...
Business Insider via Yahoo Finance UK· 2 days agoAccording to CNBC, the company was valued at $15 billion in 2021. Citi will cut 20,000 from its...
The List of Money Managers Axing Oil Stocks Just Got Longer
Bloomberg via Yahoo News UK· 1 day ago(Bloomberg) -- There’s a growing list of institutional investors in Europe who are stripping oil and...
Citi Asks Employees Not to Engage Protesters Swarming HQ
Bloomberg via Yahoo News UK· 3 days ago(Bloomberg) -- Citigroup Inc. urged staffers not to get drawn into altercations with protesters...
Banks grab AI-generated tiger by the tail
Reuters· 3 days agoArtificial intelligence promises to help banks with two things they produce in abundance: profit and paperwork. Generative AI, which produces...
Barclays CEO Says It’s Misguided to Go ‘Cold Turkey’ on Oil
Bloomberg via Yahoo Finance UK· 4 days ago(Bloomberg) -- The chief executive of Barclays Plc said it would be unrealistic for the finance...