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Stocks and oil fell Wednesday as investors considered data showing jobs and wage growth slowed more than expected in November.
Logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris…
Citigroup's finance director outlined how the bank has been cutting jobs in his team.
Yesterday at the Goldman Sachs conference, Citigroup Inc (NYSE: C) Chief Financial Officer Mark Mason reportedly disclosed the bank's largest reorganization in decades will cost about $1 billion for charges related to restructuring and severance.
The changes include slimming down management and potentially laying off thousands of employees