Jane Fraser is trying to pull chronically struggling Citigroup out …
Jul 11, 2024 · Three years ago, as the long-struggling Citigroup was in a tailspin over a billion-dollar fat-finger error, the bank announced its next CEO, Jane Fraser.
Citigroup is cutting 10% of its workforce in CEO Jane Fraser's ...
Jan 12, 2024 · Citigroup had roughly 200,000 workers at the end of 2023, excluding Mexican operations that are in the process of being spun out, according to the presentation. Citigroup CEO Jane Fraser announced ...
Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser ...
1 day ago · Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead. Chief executive sees more megamergers, middle-market deals and initial public offerings queuing up Published: Nov. 13, 2024 at 9:41 a.m. ET
Government fines Citigroup $136 million for ... - Associated Press News
Jul 10, 2024 · NEW YORK (AP) — A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control and risk issues. It’s a major blow to Jane Fraser, the bank’s CEO, who has staked her career on making Citi leaner and less complex.
Citigroup layoffs begin as part of CEO Jane Fraser’s overhaul
Nov 15, 2023 · Citigroup will soon begin layoffs in CEO Jane Fraser's corporate overhaul, CNBC has learned. Employees affected by the cuts will be informed starting Wednesday, with new dismissals announced...
Statement from Citi CEO Jane Fraser on Regulatory Actions - Citigroup
Jul 10, 2024 · New York – Citi today released the following statement from CEO Jane Fraser regarding the Federal Reserve Board and the Office of the Comptroller of the Currency’s regulatory actions in connection with its 2020 Consent Orders.
Remarks by CEO Jane Fraser at Citi’s 2024 Annual ... - Citigroup
Apr 30, 2024 · We have been executing the strategy we laid out at our 2022 Investor Day with urgency. We are making meaningful strides in our Transformation by strengthening our risk and controls and data. And we’re implementing technology that will modernize the bank and make us more competitive in the long term.
Citigroup has been fined more than half a billion dollars after CEO ...
Jul 10, 2024 · Citigroup CEO Jane Fraser in 2023. Photo by Win McNamee/Getty Images. A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made...
Citigroup CEO Jane Fraser pushes biggest overhaul in almost two …
Sep 14, 2023 · NEW YORK, Sept 13 (Reuters) - Citigroup (C.N) chief executive Jane Fraser's move on Wednesday to strip out a layer of top management, cull jobs and take more control of key businesses marks...
Citigroup lays off more bosses as CEO Fraser addresses …
Jan 18, 2024 · Citigroup CEO Jane Fraser held a conference call on Thursday with managing directors to discuss the bank's sweeping overhaul, according to two sources familiar with the situation, as it...