Displaying 16 results
The AI jobs threat is biggest for banking, says Citi
Some two-thirds of jobs across the sector could be automated or augmented by the technology.
Buy the dip in global stocks: Citigroup
Strategists say equities have increased their appeal.
West Virginia stops banking with Citi, Northern Trust, over fossil fuels
The state treasurer added four financial services firms to a list of those ineligible to provide banking services to the state because he says they 'boycott' the fossil fuels industry.
Citi pays Andy Sieg $11.3M for first 3 months as wealth head
The size of award underscores Citi's desire to overhaul its struggling wealth division.
Citi boosts CEO Jane Fraser’s pay to $26M
The increase comes after Fraser initiated what's billed as the largest reworking of Citigroup in decades.
Citigroup to exit distressed debt business
Wall Street firm is undertaking restructuring to revive investor confidence.
Citigroup lifer leaves head of wealth services role amid reorganization
The Wall Street firm is working on an overhaul of its wealth business structure.
Citi initiates restructuring with significant job cuts
Thousands could be affected as bank slashes positions.
Citigroup could sell $4B China wealth unit to HSBC
The firms are reportedly in talks as HSBC aims for domination in the region.
Citigroup launches digital token service
The firm is widening its digital assets offering to institutional investors.
Citigroup to pay $2.9M to settle SEC underwriting probe
The regulator alleged the firm's global markets unit had flawed underwriting processes for securities offerings.
Citigroup’s Fraser weighs executive reshuffle after Ybarra exit
CEO Jane Fraser targets 'flatter and leaner' organization.
Citi sues advisor who jumped to Morgan Stanley over $636 million book
Citi alleges Steven Taub is violating a 12-month nonsolicitation agreement and has already convinced clients to move more than $100 million.
Citi summons unproductive remote workers to office for coaching
Most Citigroup staffers are supposed to be in the office three days a week, but if their productivity dips, they can expect to spend more time there.
BlackRock, Citigroup among firms named as fossil-fuel boycotters by Kentucky
State legislation requires state entities to divest from firms on the list, with certain exceptions.
J.P. Morgan hires trio of private bankers in Chicago
The team is joining from Citigroup, where its members had managed more than $2 billion in client assets.
