Citi News | Press Releases from Citi | Citi News Releases - Citigroup
PRESS RELEASE. Citi and Mastercard Join Forces to Transform Global Cross-Border Payments. October 10, 2024. UPCOMING EVENT. Sibos 2024. Showcasing products and services for bank clients across payments, liquidity and custody in addition to execution solutions. Learn More.
Citigroup strips COO of responsibility after $136mn fine
Sep 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...
Citi and Google Cloud Announce Strategic Agreement to Modernize Citi…
Oct 28, 2024 · By modernizing its technology infrastructure on Google Cloud, Citi will unlock the ability to offer improved digital products, streamline employee workflows, and run high-performance computing (HPC) and analytics platforms.
Citigroup is cutting 10% of its workforce in CEO Jane Fraser ... - NBC News
Jan 12, 2024 · Citigroup said Friday it booked a $780 million charge in the fourth quarter tied to Fraser’s restructuring project, and that it may post another $1 billion in severance and other expenses in 2024.
Trio of new Citigroup executives stirs succession talk on Wall Street
Jun 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...
Fourth Quarter and Full Year 2023 Results and Key Metrics - Citigroup
Jan 12, 2024 · Citigroup’s end-of-period loans were $689 billion at quarter end, up 5% versus the prior-year period, largely reflecting growth in cards in USPB. Citigroup’s end-of-period deposits were approximately $1.3 trillion at quarter end, down (4)% versus the prior-year period.
Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
NEW 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...
Decoding Citigroup Inc (C): A Strategic SWOT Insight - Yahoo …
2 days ago · The filing reveals a nuanced financial landscape for the company, with net income for the three months ended September 30, 2024, standing at $3,238 million, a slight decrease from $3,546 million ...
Citi Reorganization Has Gone Swifter Than Expected, CEO Says
Mar 5, 2024 · A Citigroup Inc. reorganization aimed at streamlining the bank and making it more competitive with its peers has gone swifter than expected, Chief Executive Officer Jane Fraser said, as she set...
Citi, Falling Behind Peers, Unveils ‘Uncomfortable’ Changes and …
Sept. 13, 2023. Citigroup unveiled a wide-ranging management shake-up on Wednesday, and its chief executive, Jane Fraser, admitted in unusually frank terms that the bank was headed in the wrong...