In a WP Studio interview at Davos, Citigroup chief executive Jane Fraser offered her take on the current level of AI spending.

By Tatiana Bautzer and Lananh Nguyen NEW YORK, Jan 23 (Reuters) - Citigroup is expected to lay off more employees in March ...

Citi’s CFO in the earnings call this month had said that he expects to see headcount continue to trend downward. ・Citigroup ...

Citi’s shares gained 65.8 per cent in 2025, outperforming peers and an index tracking broader bank stocks by a wide margin.

The board handed Solomon a $2 million base salary and $45 million as a bonus in the form of shares, cash and carried interest ...

Major companies including Amazon and Ericsson are set to make substantial job cuts in early 2026. Amazon plans to reduce ...

The fourth quarter earnings season kicks into high gear in the week ahead, with Big Tech results from Microsoft, Meta, Tesla, ...

Goldman just completed its second-best year on record by revenue, and its stock has been surging, which has contributed to ...

It's time to wager that President Trump makes it more affordable to live in the US. Or so advises JPMorgan strategists. "A ...

The trade war is showing signs of cooling off, but many analysts point out that the impact on consumers will be felt this ...

Trump files $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging political debanking and reputational harm ...

Ericsson prepares for further layoffs as part of cost-cutting measures, following plans to slash around 1,600 jobs this year in Sweden. Details here.