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Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s overhaul

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Citigroup is cutting 10% of its workforce in CEO Jane Fraser's overhaul

Citigroup CEO Jane Fraser testifies during a hearing before the House Financial Services Committee at the Rayburn House office building on Capitol Hill on September 21, 2022 in Washington, DC. Alex Wong | Getty Images Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and … Read more

Citigroup reported a fourth-quarter loss of $1.8 billion after a litany of allegations

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Citigroup reported a fourth-quarter loss of $1.8 billion after a litany of allegations

Citigroup CEO Jane Fraser attends a hearing on the annual oversight of Wall Street firms before the Senate Banking, Housing and Urban Affairs Committee on December 6, 2023 in Washington, DC, US. Tom Williams | Cq-roll Call, Inc. | Getty Images Citigroup reported fourth-quarter results before Friday’s opening bell. Here’s what the company announced compared … Read more