Citigroup strips COO of responsibility after $136mn fine
WEBSep 16, 2024 · Citigroup is stripping chief operating officer Anand Selva of his responsibility for a key piece of its compliance work, after the bank was fined $136mn by regulators this summer for...
Trio of new Citigroup executives stirs succession talk on ...
WEBJun 11, 2024 · Citigroup chief executive Jane Fraser has sparked speculation on Wall Street about a three-way race to be her heir apparent, after tapping a trio of outsiders with impressive résumés to aid her...
Press Releases from Citi | Citi News Releases - Citigroup
WEBFind the latest news and updates from Citi, the leading global bank. Read about Citi's redemption of preferred stock, support for Asian Infrastructure Investment Bank, appointment as depositary bank, and more.
Citigroup to end sweeping overhaul this week after 5,000 layoffs
WEBMar 25, 2024 · Citigroup is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its workforce by 5,000 employees since September.
Citigroup CEO faces growth challenge as overhaul rattles ...
WEBCitigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs …
Exclusive: Citi hit by new Fed rebuke, setbacks on consent ...
WEBNEW YORK, Feb 12 (Reuters) - U.S. regulators have asked Citigroup (C.N) for urgent changes to the way it measures default risk of its trading partners and the bank’s own auditors have found a...
Citi and Apollo Announce $25 Billion Private Credit, Direct ...
WEBSep 26, 2024 · New York – Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies.