citigroup
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Business
Citigroup CEO Jane Fraser begins plan to ax 20,000 jobs after dismal Q4: sources
Citigroup CEO Jane Fraser held a conference call on Thursday with managing directors to discuss the bank’s sweeping overhaul, according to…
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Business
Citi to cut 20K jobs after worst fourth-quarter loss in 15 years
Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings…
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Business
JPMorgan posts record profits for 2023 despite 15% drop in Q4
JPMorgan Chase posted a record annual profit — nearly $50 billion — despite taking a $3 billion hit in the fourth…
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Business
Citigroup CEO Jane Fraser’s massive restructuring to cost $1B
Citigroup Chief Financial Officer Mark Mason said Wednesday the bank’s largest reorganization in decades will cost about $1 billion for charges…
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