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Jan 17, 2024 · Three senior executives are leaving Citigroup's equity-trading division, two sources with knowledge of the matter said on Wednesday, as the company undergoes a sweeping reorganization.
Oct 9, 2023 · Citigroup agreed to sell its China unit to HSBC Bank China as it sheds assets to simplify operations. The agreement includes all of Citi's clients, assets under management, and deposits.
- Bill Mccoll
Apr 15, 2021 · Citigroup on Thursday put its consumer operations in 13 markets across Asia and eastern Europe up for sale, appeasing investors who have pressed the bank to boost profitability by cutting costs...
May 14, 2024 · The Citigroup executive in charge of implementing the bank’s sweeping restructuring plan has quit for a job at a non-profit firm, depriving the bank of one of the most senior Black women in...
6 days ago · Citi lost 17 bankers from its successful workplace-wealth group to BMO. The exodus follows the exit of unit head Naz Vahid and at least 24 other senior wealth executives. Andy Sieg, the head of ...
Mar 25, 2024 · March 25 (Reuters) - Citigroup (C.N) is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its workforce by 5,000 employees...
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Occupancy at her family’s chain of hotels across Canada, of which she was the CEO, was in freefall. However, it wasn’t the unprecedented business turmoil that was keeping her awake, as she explained in an early-morning phone call with her younger brother.
