Citi
If Jane Fraser’s investment bank overhaul is a disaster, why is Citi doing so well?
The Wall Street bank’s fourth quarter results suggest the Citi CEO’s plan is succeeding
4 min read
Citi’s stock is talk of Wall Street as analysts scrutinise CEO Fraser’s performance
The bank’s fourth-quarter earnings are due on 15 January, a chance for the chief executive and her team to update investors on their turnaround effort
3 min read
Citi poaches Goldman Sachs executive for wealth business
Anne McCosker joins as head of lending for Wall Street bank’s wealth arm in growth push
2 min read
Wall Street execs caution on dealmaking rebound even as investment banking fuels profit rise
A surge in debt capital markets activity has pushed dealmaking fees up, but it may not last
4 min read
Citi to sell trust unit to JTC as bank aims to simplify, cut costs
Citi sells trust unit to Jersey-based JTC
3 min read
Citigroup hires JPMorgan’s Punshi for financial sponsors
The banking giant has been bolstering its senior dealmaking team covering private equity clients in Europe in recent months
2 min read
Banks eye $170bn profit boost from AI adoption
Banks are rushing to adopt AI technology
2 min read
Turning a vault into a bomb shelter: How Citigroup has kept its bank running inside Ukraine
Two years into the war, Citigroup is the only US bank around, navigating a sometimes treacherous landscape
10 min read
Citi reaches $100m money laundering settlement
Agreement is for far less than what other big banks have paid to settle money laundering probes in recent years
1 min read
Citi hires private equity MD from UBS
Wall Street bank adds to European team working with sponsors, sovereign wealth clients and hedge funds
1 min read
Citi’s European head: prepare for a hard Brexit
James Cowles tells staff that he aims to limit impact on employees and that London will remain the bank’s Emea HQ
1 min read
Hague joins Citi in advisory role
Former foreign secretary follows in the footsteps of ex-Bank of England governor Mervyn King in taking an advisory role at the US bank
Citi and Rothschild win big from Essilor-Luxottica tie-up
The deal is the largest purely European M&A transaction since AB InBev agreed to buy SABMiller
