The lender is angling to consolidate banking business for mid-sized corporate clients who’ve racked up a litany of banking ...

What You Need to Know A company's capital structure is the mix of debt and equity that are used to finance its spending. A company's financial leverage is the amount of debt and preferred stock in ...

As Citi swiftly transitions to this new model, the firm is committed to retaining top talent and supporting employees who are leaving the company. Jane Fraser will join Citi CFO Mark Mason at 10:30 ...

Citi has announced the successful division of its Mexico operations into two distinct financial groups. Effective 1 December, Grupo Financiero Citi Mexico caters to institutional clients, while ...

Strategists at Citi have reduced their year-end S&P 500 target to 4,000 from 4,200, and produced a 2023 target of 3,900.

That is in addition to the 1,200 back-office jobs in its corporate and investment banking unit that Citi said in March that it would cut. Citi has been steadily cutting for a year, in part because of ...

Citi has announced a significant change to its organizational model and its management structure. The move will see Andy Sieg, the firm’s new wealth business leader, take a seat on the executive ...

Citigroup will cut about 20,000 roles over three years as its corporate restructuring continues. The bank also had a "very disappointing" Q4 in 2023, CEO Jane Fraser said. The move could save the ...

“Citi is honored to have been named World’s Best Digital Bank by Global Finance magazine for 21 years in a row,” said Steve Elms, Global Head of Corporate, Commercial and Public Sector Sales ...