The Wall Street bank on Wednesday said net income fell to $2.5bn in the final three months of the year, as expenses rose to nearly $14bn. The bank’s profits also took a $1.1bn hit from the sale of its ...
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Citigroup workers brace for another layoff round — about 1,000 jobs at risk
Citigroup is preparing to cut around 1,000 jobs as part of a continuing effort to reduce expenses and reshape how the bank ...
Citigroup (C) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $1.51 per share a year ago. These figures are ...
NEW YORK Citigroup agreed Monday to purchase Wachovia's banking operations for $2.1 billion in a deal arranged by federal regulators, making the Charlotte-based bank the latest casualty of the ...
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