Stay updated with breaking news from Mark Mason. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
CEO Jane Fraser faces a key moment this week as Citigroup reports earnings in the middle of restructuring efforts to make the bank leaner and more profitable.
CEO Jane Fraser faces a key moment this week as Citigroup reports earnings in the middle of restructuring efforts to make the bank leaner and more profitable.
Citigroup (NYSE:C) 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 disclosed by the company’s CFO just weeks ago. The bank said its fourth-quarter ...
Citi bonuses aren't being announced this week after all.
:max_bytes(150000):strip_icc()/GettyImages-1433404825-16a766aea8db485fa0e1d792b69b52a4.jpg)
Citigroup shares fell more than 2% in early trading Thursday after it reported higher fourth-quarter charges than previously anticipated linked to its exposure to Argentina and Russia, as well as its restructuring.