Citigroup

Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate

Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
April 16, 2024  |  Personnel

The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. Get the Full Story Complete the form to unlock...

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CE 100 Index Slips 2% as Bank Earnings Spark Decline
CE 100 Index Slips 2% as Bank Earnings Spark Decline
April 15, 2024  |  Connected Economy

Earnings season has begun, and at least initially, investors seemed nonplussed. Despite resilient consumer spending, inflation’s sticky too — and pressures are evident in the...

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Citigroup Watches Spending; Sees Digital Engagement Rising
Citigroup Watches Spending; Sees Digital Engagement Rising
April 12, 2024  |  Earnings

Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. Get the Full Story...

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Citigroup Sees Renewed Interest in M&A, IPOs
Citigroup Sees Renewed Interest in M&A, IPOs
March 19, 2024  |  Business

The EMEA DisrupTech conference in London, convened by Citigroup, reportedly spotlighted the burgeoning environment for mergers and acquisitions (M&A) in 2024. Get the Full Story...

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Financial Institutions’ Net Income Drops 43.9% Amid FDIC’s Special Assessment
Financial Institutions’ Net Income Drops 43.9% Amid FDIC’s Special Assessment
March 07, 2024  |  Banking

Financial institutions’ net income dropped 43.9% in the fourth quarter of 2023. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: US Regulators Could Debut Banking Rules This Spring
Report: US Regulators Could Debut Banking Rules This Spring
March 05, 2024  |  Legal & Regulation

The Federal Reserve and other American regulators could reportedly unveil new banking regulations this spring. Get the Full Story Complete the form to unlock this article and...

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Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
February 28, 2024  |  Blockchain

Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. Get the Full Story Complete the form to unlock this article...

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JPM Veteran Raghavan Joins Citi as Banking Head
JPM Veteran Raghavan Joins Citi as Banking Head
February 26, 2024  |  Personnel

Citi has named a 24-year veteran of JPMorgan Chase as its new banking head. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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