(Reuters) – Citigroup Inc is boosting compensation for most of its junior bankers by as much as 15%, Bloomberg News reported on Wednesday, highlighting the talent war on Wall Street…
(Reuters) – Citigroup analysts turned “underweight” on U.S. equities on recession fears but were bullish on European stocks, saying much of the pessimism was already priced-in. The U.S. bank upgraded…
(Reuters) – Citigroup Inc promoted over 100 women to the role of managing director, the highest ever for the bank, according to a memo seen by Reuters. For the bank,…
NEW YORK (Reuters) – Citigroup Chief Executive Jane Fraser said on Friday the bank is having “constant and constructive” dialogue with regulators about a consent order issued two years ago…
(Reuters) – Citigroup Inc has named Grant Carson, head of its EMEA hub-managed countries, to oversee its business in Russia as the Wall Street lender seeks to withdraw from the…
(Reuters) – AMC Entertainment Holdings Inc said on Monday it had hired Citigroup as an underwriter to help it sell up to 425 million units of its preferred stock, APE.…
NEW YORK (Reuters) – Citigroup Inc expects to divest its Mexican consumer business via a sale or initial public offering that could happen next year, its chief financial officer said…
HONG KONG (Reuters) – Citigroup has hired three bankers for its planned China securities business, according to a person familiar with the matter. It hired Kenneth Koo as the firm’s…
(Reuters) – Citigroup Inc on Friday said it has slightly trimmed its mortgage workforce, due to an internal streamlining of functions. Less than 100 positions were affected, according to Bloomberg…
(Reuters) – Citigroup Inc is planning to hire 500 employees over the next three years for a new wealth division, Bloomberg News reported on Tuesday, citing an interview with the…
LONDON – Barclays has entered into an agreement with Citigroup for the latter to conduct a buyback of Barclays’ shares on behalf of the British bank, Barclays said on Friday.…
By David French (Reuters) – Guggenheim Securities has hired three investment bankers from Citigroup Inc’s oil and gas team, people familiar with the matter said, as competition for talent in…
By Scott Murdoch HONG KONG – Citigroup Inc has created a new regional leadership structure for its Asian business, according to a memo seen by Reuters. Tim Monger has been…
By Elizabeth Dilts Marshall NEW YORK – Facing intense competition for talent and pressure to hit diversity goals, banks are getting more creative in their hiring, with Citigroup Inc recruiting…
By Tom Sims FRANKFURT – The timing of Warren Buffett’s recent investment in Citigroup Inc was not known in advance by the U.S. lender, Chief Executive Jane Fraser said on…
NEW YORK – Citigroup’s Russian consumer banking franchise that has been put up for sale had first quarter revenue of $32 million, down 6% from a year earlier, the bank…
NEW YORK – Citigroup Inc acknowledged late on Monday that one of its traders made an error in the sudden fall of European shares early in the day. “This morning…
NEW YORK – Citigroup Chief Executive Jane Fraser said Tuesday that the bank’s policy of reimbursing employee travel to get reproductive healthcare services, including abortions, is not intended to be…
MEXICO CITY – The nationality of who buys Citigroup’s Mexican unit, known as Citibanamex, will not be the deciding factor despite the Mexican government’s preference to sell the bank to…
HONG KONG – Citigroup Inc said on Tuesday it appointed Angel Ng to lead its Asia Pacific global wealth management business. Ng, currently Citigroup’s Hong Kong chief executive, will oversee…
NEW YORK – Citigroup Inc said on Wednesday it is operating its Russian consumer business on a more limited basis following the country’s invasion of Ukraine, while sticking with its…
NEW YORK – Citigroup Inc will search for a new compliance chief as its general counsel takes on oversight of compliance functions in keeping with a 2020 order from U.S.…
– Citigroup upgraded U.S. equities to “overweight” rating on Thursday on analysts’ expectations of a revival in appetite for growth stocks due to a sharp drop in bond yields following…
– Citigroup Inc named Titi Cole as the chief executive officer of its legacy franchises segment, primarily consisting of the consumer businesses that the bank’s set to exit soon, according…
By David Henry NEW YORK – Citigroup Inc Chief Financial Officer Mark Mason and investment banking head Paco Ybarra have tested positive for COVID-19, forcing the company to hold its…