Citi
Citi
Citigroup is a global financial services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the global consumer banking segment and the institutional clients group.
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Overhauling Citi Private Bank's capital markets business in the Americas required finding someone who not only had expertise, but also had the ability to lead while growing revenue. The natural pick was Kristen Bitterly.
April 28 -
Bank of America investors on Wednesday voted against pressing the company to disclose more insightful data about disparities between men's and women's compensation. Shareholders at Wells and Bank of New York Mellon recently rejected similar measures.
April 24 -
Citigroup Chief Executive Officer Michael Corbat said the widening income gap in the U.S. ranks high on the list of things that keep him up at night.
April 24 -
At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity.
April 21 -
The civil rights activist Jesse Jackson is pushing a proposal that the billions banks have paid in fines be given to Americans who lost homes or suffered in other ways during the financial crisis.
April 16 -
Citi, Goldman, BofA earnings rose despite flat revenues; benchmark would be based on rates set on the American Financial Exchange.
April 16 -
Citigroup's return on tangible common equity rose in the first quarter, but stubbornly high expenses and costly technology investments may make it hard for the bank to hit its targets for this year and next.
April 15 -
Citigroup, Goldman earnings surprise to the upside; cost cuts fueled the bank’s 14% earnings growth.
April 15 -
The bank's profits rose 2% despite a decline in revenue.
April 15 -
CariClub crunches employee data to connect young banking professionals with nonprofits on the hunt for junior directors.
April 12 -
Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives.
April 12 -
Jamie Forese, long considered the potential successor to Citigroup Chief Executive Officer Michael Corbat, is departing after 34 years at the firm.
April 11 -
A House Financial Services Committee hearing featuring seven large-bank CEOs tackled a host of contentious subjects, as Republicans and Democrats sparred over whether such institutions are simply too big.
April 10 -
The congressional hearing will be ripe with opportunities for lawmakers to raise flags on issues of diversity, deregulation and social policy.
April 8 -
Hundreds of thousands of jobs have disappeared on Wall Street since the 2008 financial crisis and some of the biggest banks haven't stopped cutting. Still, some firms managed to reverse the trend and are slowly boosting staff levels.
April 3 -
Citigroup earned the lone "A" on an investment firm's scorecard that measures companies' commitments to closing the pay gap between men and women. Goldman Sachs was one of four banks to receive an "F."
April 1 -
As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions.
April 1 -
The flagship division is on course to miss next year’s financial projections; Investors may be using SOFR swaps as a hedge against expected volatility.
April 1 -
A new outreach effort will target parts of New York City to help boost membership at several African-American credit unions.
March 28 -
Letters to eight bank CEOs from the Idaho senator were a rebuttal to calls by some Democrats for financial institutions to cut ties with firearms manufacturers, prison companies and others.
March 27























