Citigroup Inc (NYSE:C) is preparing to initiate a fresh wave of staff reductions in March, following a preliminary round of ...

NEW YORK--(BUSINESS WIRE)-- Citi today announced significant changes to its organizational model that will fully align its management structure with its business strategy and simplify the bank. The ...

Citigroup Inc. C announced the completion of major actions to simplify its operating structure and improve performance, which were initially announced in September 2023. Per management, “after having ...

One thousand Citigroup workers received termination notices this week in a sequence of events that captures Wall Street's ...

Citigroup Inc.’s stock was up 2.78% Wednesday after the megabank said it would reorganize into a flatter structure, with the heads of its five major business units reporting directly to Chief ...

Citigroup, the parent company of Citibank, expects to spend around $1 billion on "repositioning and restructuring charges" in 2023, Chief Financial Officer Mark Mason said Wednesday. Citigroup is ...

Citigroup (NYSE:C) said on Wednesday it's cutting management layers to create a flatter corporate structure in an effort to speed up decision-making, increase accountability and strengthen in its ...

Citigroup Inc remains a major global financial institution often included in discussions involving the s&p 500 fund.