Citigroup

Wall Street banks have added 11,000 EU jobs since Brexit 

In the five years since the UK officially left the EU, the world’s biggest investment banks have shifted thousands of roles

4 min read

Citigroup to cut 3,500 technology jobs in China as part of global overhaul

The US bank continues to look for ways to simplify its business and address regulatory concerns over its controls

1 min read

Citi names new UK private banking boss

Wall Street bank lines up successor for Jeremy Knowland, who is leaving the firm after two decades

2 min read

Citi hires JPMorgan veteran for wealth business

Russell Budnick joins Citi Wealth as global head of capital markets

1 min read

Citi shuts Málaga office it opened to battle banker burnout

In 2022, Citi started a pilot programme in the southern Spanish city in an attempt to better work-life balance

1 min read

Citi strikes partnership with Palantir to bolster wealth tech

Wall Street bank says tie-up with data intelligence firm will ‘modernise’ how it leverages data, streamline onboarding and help with account management

2 min read

Tom Hayes makes final bid to overturn Libor conviction

Ex-UBS and Citigroup trader has spent almost a decade trying to clear his name

Citigroup’s top private equity dealmaker Diamandakis to depart

The US bank is aiming to catch rivals in advising private equity firms

Citi hands banking boss Raghavan $22.6m as ex-JPMorgan dealmaker looks to bolster returns

Raghavan was the second-highest paid executive at Citi last year

Citigroup hires Goldman Sachs dealmaker Perzi to co-head capital markets in Australia

The hire is another example of Citigroup shaking up the senior ranks of its dealmaking team in recent months

JPMorgan hires senior Citi sponsors banker Heller

The US bank is bulking up on private equity coverage ahead of an expected bounceback in deals

1 min read

‘Salomon Sister’ Anne Clarke Wolff: Diversity is worse now than in the 1990s

The investment bank created to shake-up the stale, male world of dealmaking is facing a shifting political environment pushing back against diversity

5 min read

Citigroup scraps diversity targets as Trump pressure grows on US firms

The US bank said it will ‘no longer have aspirational representation goals’ and has rebranded its diversity, equity and inclusion team

3 min read