The Wall Street bank’s fourth quarter results suggest the Citi CEO’s plan is succeeding
4 min read
The former head of JPMorgan’s investment bank wants Citi’s dealmakers to grasp a bigger share of the market as he is tasked with doubling returns
9 min read
The CEO has called this a critical year for the troubled banking giant, after two decades of half-measures and strategic missteps
11 min read
CEO Jane Fraser's grand project comes to an end with 7,000 jobs cut in a single quarter
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'We've freed up a lot of people's time from unnecessary governance'
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This week's biggest banking stories
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Citi's dealmakers are split on Jane Fraser's revolution. Will she win them over?
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Managing director is the top rank at Citigroup and a highly coveted role
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Fraser talks about how the bank aims to catch up with — and perhaps surpass — its rivals.
7 min read
Citigroup tells UK staff of changes after flagging possible redundancies in September
3 min read
Bank in talks to reduce duplication of roles and technology, according to reports
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Institutional clients group could be disbanded as Paco Ybarra plans departure
'AI has the potential to revolutionise all functions across our bank and the industry'
Citi’s Fraser says big banks’ $30bn deposit into First Republic will nip any wider banking problems in the bud
Fraser's pay is up 9% from the previous year
Fraser said Citi's investment banking unit was likely to be down by 60% compared to an 'extraordinary' period for dealmaking last year
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The 2 March pitch is a chance for the management team to share their vision of the new Citi and how its collection of global businesses will create higher profit
4 min read
Citigroup has been pushing banks to disclose payment metrics that show gaps between men and women
2 min read
Memo makes Citigroup the first major bank to declare a physical presence won’t be needed post pandemic
2 min read