Citigroup
Citigroup Set to Eliminate EU Bonus Cap for Top London Staff
Wall Street banking giant Citigroup is poised to eliminate the EU-imposed bonus cap for hundreds of its top London staff. ...
Citigroup Fined €12.98 Million In Germany Over ‘Fat-Finger’ Errors
Citigroup was fined a record €12.98 million in Germany due to a stock sales glitch that caused a major market disruption.
Citigroup Orders Full-Time Office Return For 600 US Employees
Citigroup has asked its 600 US employees who can work remotely to return to the office full-time.
Citigroup Fined £61.6 Million Over Trader Blunder
Financial regulators have fined Citigroup £61.6 million after a “fat-finger” error caused a flash crash by mistakenly placing over £1 billion in orders.
Citigroup to cut 20,000 jobs
Citi has already sold some of its international branches and is in the process of independently listing its Mexican division.
Citigroup allows year-end remote work amid layoff fears
Citigroup has granted most of its employees the option to work remotely for the final two weeks of December.
Citigroup starts extensive layoffs targeting senior employees
Citigroup has begun job cuts and organizational adjustments as part of CEO Jane Fraser's ongoing efforts to streamline the global bank.
Citi reviewing 250 jobs in London in global overhaul
US banking giant Citi is reviewing approximately 250 jobs in its London offices as part of its major restructuring.
Citigroup facing $400 million bill for severance costs over 1,600 job cuts
Speaking at a conference in New York, Mason said the payments for the quarter would be higher compared to the first quarter because of the cuts.
US job openings surge fuels speculation of interest rate hike
Job vacancies at US employers reached a three-month high in April, totaling 10.1 million, according to the Labor Department's Job Openings and Labor Turnover Survey (JOLTS).
Citigroup to spin off Mexico business as sale efforts failed
Citigroup is now preparing for an initial public offering (IPO) of its Mexico business, Banamex, after an unsuccessful sale attempt.
Citigroup raises pay for most of its junior bankers at a time of mass layoffs
Most junior bankers at Citigroup will get pay hikes of up to 15 percent, at a time when the Wall Street giants increasingly cut jobs and trim bonuses.
Citigroup and Barclays join rivals in cutting investment banking jobs
Citigroup Inc. and Barclays Plc began cutting jobs in their investment-banking operations, joining other major banks in responding to declining business revenue.
Citigroup lays off mortgage staff as housing market cools
Citigroup has joined competitors in reducing its mortgage staff as higher interest rates continue to reduce housing market demand.
CEOs who still cashed in despite their business collapsing
Some bosses have done very well, even if their companies haven't.
Wall Street’s Citigroup looking for new talent in Spain – and 95 hour weeks are over
Wall Street bank Citigroup is seeking an edge in the fierce war for talent by building a new hub for investment bankers in the southern Spanish city of Malaga
JPMorgan, Citi staff to start 2022 with remote work
As more financial firms grapple with the latest surge in Covid-19 infections, JPMorgan Chase & Co., one of Wall Street's staunchest supporters of returning to Manhattan skyscrapers, is offering employees the option of working from home in the first weeks of 2022, and Citigroup Inc. is encouraging staff to log on remotely.
