Citigroup

Citigroup plans to cut 20,000 jobs globally by 2026

15 Jan 2024

US banking and financial services giant Citigroup is planning to lay off 20,000 of its workforce - roughly 8 per cent of its 239,000 global headcount by 2026, as part of a mega restructuring.

Citigroup CFO reveals $1 billion cost for massive restructuring

07 Dec 2023

Mark Mason, Chief Financial Officer of Citigroup, disclosed that the bank’s extensive restructuring is expected to incur charges of approximately $1 billion for restructuring and severance.

Citigroup considers significant job cuts in its ongoing CEO-backed restructuring

07 Nov 2023

Citigroup's top management, working under CEO Jane Fraser's reorganization initiative, has reportedly contemplated job cuts of at least 10% in key business segments.

Woman at the Helm of Financial Powerhouse Citi

24 Sep 2020

Jane Fraser has been elected to the board of directors of Citigroup, and will take over from Corbat when he retires from Citi and steps down from its board of directors in February 2021

Jane Fraser named first woman CEO of Citigroup

14 Sep 2020

Fraser, currently Citi’s president and CEO of global consumer banking, will succeed Corbat as CEO in February, and she has been elected to the board of directors, with service beginning immediately

Citigroup to refund $330 mn due to overcharging credit card accounts

24 Feb 2018

Citi India bans use of its cards for cryptocurrency purchases

14 Feb 2018

Citigroup to sell Argentinean consumer business to Banco Santander Rio

10 Oct 2016

Citigroup to sell consumer banking assets in Brazil to Itaú Unibanco

10 Oct 2016

Costco, deluged with complaints over Citibank's Costco Anywhere Visa cards

24 Jun 2016

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Citi, the leading global bank, serves more than 200 million customer accounts and does business in more than 160 countries and jurisdictions. Learn more today.