(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 …
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(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 …
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(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, …
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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 …
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(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 …
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(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. …
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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 …
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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 …
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(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 …
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(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 …
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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. …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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Citigroup CEO: covering employee travel costs for abortions not statement on ‘sensitive issue’
by ReutersNEW 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 …
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Citigroup says Mexico unit buyer’s nationality not decisive, despite government preference
by ReutersMEXICO 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 …
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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 …
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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 …
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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. …
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– 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 …
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– 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 …
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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 …