Citi exec who fired 5,000 bankers is gone herself
Sometimes it's necessary to let yourself go.
Source: efinancialcareers.com
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Citi's ex-Deutsche Bank boss is repeating the firing-hiring formula
Citi's London boss is saying the same sorts of things she said at Deutsche Bank.
Source: efinancialcareers.com
Citigroup CEO's pay rises 6% to $26 MILLION despite bank slashing 20,000 jobs and posting a $1.8 BILLION loss last quarter (and her raise is even bigger than Jamie Dimon's!)
Citigroup CEO Jane Fraser has received a 6 percent pay rise to $26 million despite the bank slashing 20,000 employees and posting a $1.8 billion loss last quarter.
Source: dailymail.co.uk
Citigroup's 20,000 job cuts are not what you think
Only 5,000 of Citi's coming cuts will be the direct result of its simplification efforts.
Source: efinancialcareers.com
Citigroup to close global distressed-debt business as part of CEO Jane Fraser's overhaul
Citigroup is exiting businesses with poor returns to bolster the bank’s odds of hitting Fraser’s performance targets.
Source: nbcconnecticut.com