Por: Fox Business Business January 13, 2024
Check out what's clicking on FoxBusiness.com Citigroup on Friday said it will slash 20,000 jobs. The reductions, detailed in the company’s fourth-quarter financial results deck, can be linked to Citi continuing to execute its ongoing reorganization.Citi will axe over the medium-term, something that should ultimately bring its expenses down by $2-2.5 billion, according to the company. The logo of Citigroup Inc. at the entrance to the... + full article
NBC News USA Business January 13, 2024
Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and stock price. About 20,000 employees will be let go over the “medium term,” New York-based Citigroup said Friday in a slideshow tied to fourth-quarter earnings.... + más
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MarketWatch USA Business December 01, 2023
we noted that 1) hope springs eternal for a turnaround (the bank has been a laggard since the 2008-09 financial crisis), but that 2) Fraser might just be able to right the ship. That, and the stock was unduly depressed and perhaps ripe for a rebound. It is way early days, but... + más
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Los Angeles Times USA Business November 09, 2023
Citigroup was ordered to pay $25.9 million in fines and redress for illegally discriminating against credit-card applicants the bank identified as Armenian American. The bank, from 2015 to 2021, singled out applicants for certain credit-card products suspected of being of... + más
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MarketWatch USA Business March 29, 2023
The situation involving the Citigroup issue and why it remains outstanding when Citi has to pay so much more interest on it than on other securities is both complicated and a little mysterious. The interest rate on the issue floats, or resets, quarterly at 6.37% percentage... + más
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Fox Business USA Business January 12, 2023
U.S. Bank wealth management senior vice president Lisa Erickson says a number of macro indicators show slowing trends into the new year. Citigroup Inc. is shuffling the leadership of its , whose growth has fallen short of targets during a market downturn that has sapped demand... + más
Citigroup trying to get accidental $500M Revlon loan payment back | Fox Business
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Fox Business USA Business December 02, 2022
Check out what's clicking on FoxBusiness.com Citigroup is in talks to try and get about $500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon. The cosmetics company controlled by billionaire Ronald Perelman, filed for... + más
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Business Insider USA Entertainment September 30, 2022
After Ever Happy is now available to watch at home. You can rent or buy the fourth movie in the After film series digitally through streaming retailers like and for a starting price of $20. After Ever Happy continues the story of lovers Tessa Young and Hardin Scott. The couple... + más
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