Citigroup has cut nearly 300 New York jobs as the bank continues to strip out costs amid an ongoing overhaul kicked off by chief executive Jane Fraser in September.
The bank has cut 286 roles across three New York entities, according to filings with the Department of Labor in the city on 26 February. Of these, 239 hit Citibank NA, 44 are in its global markets division and a further three from Citigroup Technology.