Jane Fraser News

12.01 / 13:59

COST Citi FIVE CEO wellness Trade reports 2024 Citi swings to $1.8 billion loss on charges, calls 2024 'turning point'

By Tatiana Bautzer and Manya Saini

11.01 / 03:45

Target CEO Citigroup wellness reports Interviews Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed

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21.12 / 12:43

Citi Target CEO Citigroup show performer information Citigroup to exit distressed debt business

Citigroup Inc. has decided to exit the distressed-debt trading business, the latest retrenchment in Chief Executive Officer Jane Fraser’s effort to reshape the firm in pursuit of higher returns.

20.12 / 21:29

Target CEO Citigroup performer Citigroup to close global distressed-debt business as part of CEO Jane Fraser's overhaul

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16.12 / 18:49

CEO Citigroup country Citigroup employees, on edge over layoffs, told they can work remotely until the new year

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16.12 / 15:10

Citigroup pandemic country consequences reports Department end This Wall Street bank is letting staff work from anywhere through year-end

Citigroup Inc. is once again allowing most of its employees to work from anywhere for the final two weeks of the year.

15.12 / 13:25

Citi Target Landmark Citigroup reports Department shock Citi shuts once-envied muni business

Citigroup Inc. will shutter its municipal bond business, one of the most dramatic moves yet by Chief Executive Jane Fraser as she seeks to squeeze better returns out of the Wall Street giant.

14.12 / 17:17

Citi Strategy Citigroup awards information Department volunteers Citi offers to pay partial bonuses to encourage departures

Citigroup Inc. is offering to pay some staffers a portion of their bonuses early if they agree to depart as executives continue with their restructuring of the Wall Street giant.

06.12 / 21:33

Digital CEO JPMorgan Remark Solomonic Actor Bitcoin JPMorgan Chase CEO Jamie Dimon on Crypto: “If I was the government, I’d close it down”

JPMorgan Chase CEO Jamie Dimon delivered scathing remarks about the crypto industry during testimony at a Senate Banking Hearing Wednesday.

06.12 / 17:13

CEO JPMorgan economy Remark Citigroup Solomonic Big bank CEOs warn that new regulations could harm the economy

The heads of Wall Street’s biggest banks used an appearance on Capitol Hill to plead with senators to stop the Biden administration’s proposed changes to how banks are regulated, warning that the proposals could negatively impact the economy at a time ...

06.12 / 00:49

CEO JPMorgan economy Citigroup show country Wall Street banks warn lawmakers about new regulations

Smead Capital Chief Investment Officer Bill Smead discusses which stocks could be big winners in 2024 on Making Money.

21.11 / 13:37

Citi Career Align Citigroup President country reorganization services Citigroup lifer leaves head of wealth services role amid reorganization

Citigroup Inc. said its head of wealth services is leaving as the lender conducts a global reorganization.

21.11 / 11:35

Reuters CEO Boeing NVIDIA performer reports Stock Market Today: Dow racks up gains to close higher on tech strength

Investing.com — The Dow closed higher Monday, ahead of the release of minutes from the Federal Reserve's September meeting and earnings from Nvidia that will likely set the tone for big tech in a holiday-shortened week.

21.11 / 05:33

Citi Aware Action Strategy Align Citigroup track Citigroup cuts over 300 senior manager roles in latest restructuring

New York | Citigroup is eliminating more than 300 senior manager roles as part of chief executive Jane Fraser’s efforts to simplify the Wall Street giant.

21.11 / 04:37

Citi Reuters CEO Action Align Citigroup Patrick Citigroup layoffs: CEO Jane Fraser announces management changes, 'difficult' decisions

Jane Fraser and her executive management team announced on Monday the next layer of changes in a sweeping reorganization, according to memos to staff seen by Reuters and sources familiar with the situation. Executive management team members sent emails to subordinates outlining changes, according to one source familiar with the situation who declined to be identified discussing personnel matters. Leaders also held conference calls to discuss the changes, another source said.

20.11 / 17:03

Aware Action Strategy Align Citigroup track information Citigroup cuts over 300 senior manager roles in latest restructuring

Citigroup Inc. is eliminating more than 300 senior manager roles as part of Chief Executive Officer Jane Fraser’s efforts to simplify the Wall Street giant.

20.11 / 08:24

Citi FIVE Action Align Citigroup reports Department Citi bankers brace for job cuts as ‘Project Bora Bora’ advances

Citi’s Australian workforce are bracing for layoffs as the US bank rolls out a global restructuring that will involve thousands of job losses.

18.11 / 02:41

Citi FIVE Reuters CEO Citigroup reports Citigroup layoffs: Employees expect job cuts, management reshuffle on Monday

Citigroup layoffs: Amid CEO Jane Fraser’s corporate overhaul plan, Citigroup employees expect announcements about management changes and layoffs on Monday next weel. Citigroup employees are expecting these deveopments in the wake of next phase of the bank’s sweeping reorganization, according to four people familiar with the situation. However, more details in regard to layoff is yet to come as Citigroup employs 2.40 lakh employees across world.

17.11 / 21:41

Citi CEO Citigroup stage reports week Citi set to initiate massive layoffs next week: report

Citigroup is expected to announce the first round of layoffs and job changes as part of a massive restructuring on Monday, The Financial Times reported on its website.

15.11 / 17:10

FIVE CEO Citigroup performer track information reports Citigroup begins layoffs as part of CEO Jane Fraser’s corporate overhaul

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15.11 / 12:15

Manufacturing CEO Apple Tesla President country reports elon Elon Musk and Jane Fraser are just some of the CEOs hoping to woo China's Xi

Executives from Microsoft Corp., Citigroup Inc., Exxon Mobil Corp. and other large multinationals are converging on San Francisco this week for an audience with Chinese President Xi Jinping and other Asian leaders as long-frosty US-China relations show only tentative signs of warming.

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