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Citigroup axes more jobs
Citigroup axes more jobs as part of ongoing cost-cutting plan
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive Officer Jane Fraser to cut costs.
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
Citigroup Cuts More Jobs, Bloomberg News Reports
(Reuters) -Citigroup is cutting more jobs this week to meet CEO Jane Fraser's expense goals, Bloomberg News reported on Thursday, citing people familiar with the matter.
Citigroup cuts more jobs to meet expense goals, Bloomberg News reports
Citigroup is cutting more jobs this week to meet CEO Jane Fraser's expense goals, Bloomberg News reported on Thursday, citing people familiar with the matter. Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank's clients,
Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank’s clients,
Citi cuts more jobs to reduce expenses: report
Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg reported on Thursday, citing people familiar with the matter.
Citi Stock Rises
Citigroup’s $20 Billion Buyback Plan Signals Strength: What Investors Need to Know
Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management backed that initiative up by announcing a new $20 billion stock buyback program.
Citi Shares Jump on Earnings Beat, Stock Buyback Plan
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
Citi Stock Rises After Q4 Profit Beat, Fresh $20 Billion Share Buyback Plan: Retail Elated
Citigroup shares rose more than 6% on Wednesday after the bank topped Wall Street estimates for fourth-quarter profit on strong results across segments. The New York-based lender reported adjusted earnings of $1.
7h
on MSN
Citigroup faces spiraling £1 billion bill on London HQ overhaul with multi-level garden and mini villages to tempt staff back to the office
The bank's outlay is 10-times higher than original reports, and means it has spent nearly as much on renovations as it did ...
1d
Citigroup Earnings Top Wall Street Forecasts
Citigroup reported earnings of $1.34 per share for the fourth quarter, surpassing Wall Street estimates of $1.22. A year ago, ...
11h
Citigroup (C) Gets a Buy from Truist Financial
In a report released today, John McDonald CFA from Truist Financial assigned a Buy rating to Citigroup (C – Research Report). The company’s ...
1d
Citigroup (C) Q4 2024 Earnings Call Transcript
Hello and welcome to Citi's fourth quarter 2024 earnings call. Today's call will be hosted by Jenn Landis, head of Citi ...
1d
Citigroup Aims to Scale Up Wealth Unit
Citigroup’s wealth management unit reported improved results for the fourth quarter, with net income rising to $334 million ...
3d
Citigroup: Moving To The Sidelines Ahead Of Q4 Earnings (Ratings Downgrade)
Citigroup's Q4 earnings will be closely watched, particularly its total expenses and credit quality, as it aims to streamline ...
MarketWatch on MSN
7h
Southwest’s valuation is out of whack, Citi says in new ‘sell’ call
Southwest Airlines’ stock was falling Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the ...
4h
on MSN
Citigroup CEO Jane Fraser on new buyback program
Citigroup CEO Jane Fraser joins 'The Exchange' to discuss her company's latest earnings, the buyback announcement, her ...
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