Citigroup strips COO of responsibility after $136mn fine
WEBSep 16, 2024 · Citigroup is stripping chief operating officer Anand Selva of his responsibility for a key piece of its compliance work, after the bank was fined $136mn by regulators this summer for...
Press Releases from Citi | Citi News Releases - Citigroup
WEBPRESS RELEASE. Citi CFO Mark Mason to present at the 2024 Barclays Global Financial Services Conference. August 30, 2024. UPCOMING EVENT. Sibos 2024. Showcasing products and services for bank clients across payments, liquidity and custody in addition to execution solutions. Learn More.
Trio of new Citigroup executives stirs succession talk on ...
WEBJun 11, 2024 · Citigroup chief executive Jane Fraser has sparked speculation on Wall Street about a three-way race to be her heir apparent, after tapping a trio of outsiders with impressive résumés to aid her...
US Senator Warren asks regulator to impose growth curbs on Citi
WEB12 hours ago · A prominent Democratic U.S. senator called on a top regulator on Wednesday to impose growth restrictions on Citigroup as the Wall Street bank struggles to fix ongoing regulatory problems.
Citigroup CEO faces growth challenge as overhaul rattles ...
WEBApr 9, 2024 · Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs by laying off ...
Citi and Apollo Announce $25 Billion Private Credit, Direct ...
WEBSep 26, 2024 · New York – Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies.
Citi Statement on Final Phase of Organizational ... - Citigroup
WEBCiti Statement on Final Phase of Organizational Simplification Changes. NEW YORK - "Today we shared with our colleagues that we have concluded the major actions that we announced in September 2023 that align Citi’s structure …
Exclusive: Citi hit by new Fed rebuke, setbacks on consent ...
WEBNEW YORK, Feb 12 (Reuters) - U.S. regulators have asked Citigroup (C.N) for urgent changes to the way it measures default risk of its trading partners and the bank’s own auditors have found a...
Citi CEO Jane Fraser Says Bank Reorganization Faster Than ...
WEBMar 5, 2024 · A Citigroup Inc. reorganization aimed at streamlining the bank and making it more competitive with its peers has gone swifter than expected, Chief Executive Officer Jane Fraser said, as she set...
Citigroup at risk of quarterly loss after disclosing charges
WEBJan 10, 2024 · Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank's reorganization came in far higher than recently disclosed.