Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. Managing directors in the wealth and ...
Citigroup Inc. eliminated more jobs this week, just as executives were announcing new share buybacks and doubling down on Chief Executive Officer Jane Fraser’s commitment to expense reductions.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wall Street analysts are betting Citigroup will miss a critical long-term target, heaping pressure on chief ...