Citi News | Press Releases from Citi | Citi News Releases - Citigroup
Sep 26, 2024 · Citi and Google Cloud Announce Strategic Agreement to Modernize Citi’s Technology Infrastructure and Drive Innovation. October 28, 2024.
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 …
Citigroup CEO Fraser Says It’s ‘Game On’ for Deals in the US
1 day ago · Clients were awaiting an “unlocking” before embarking on M&A and are now starting to ramp up plans in the wake of Trump’s election win, Fraser said in an interview with …
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 …
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 …
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 …
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 …
Citi Statement on Final Phase of Organizational ... - Citigroup
Citi Statement on Final Phase of Organizational Simplification Changes. NEW YORK - "Today we shared with our colleagues that we have concluded the major actions that we announced in …
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 …
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 …