Citigroup pays $400 million US fine, agrees to fix long-term lapsesThe hefty penalty follows renewed public and regulatory scrutiny of Citi's operations after an "error" led the bank to mistakenly send Revl...
08 Oct, 2020, 09.26 AM IST
Citi to cut hundreds of trading jobs in bad sign for Wall StreetCiti plans to slash jobs across its fixed-income and stock-trading operations in 2019.
30 Jul, 2019, 09.36 AM IST
Now, IT can’t 'bank' on it anymoreEconomic uncertainty forces clients to bring down tech costs and curb additional spending.
11 Jun, 2019, 07.54 AM IST
Citigroup board names new chairman, keeps post separate from CEOThe change in the leadership of the Citigroup board comes as the bank struggles to catch up with the financial performance of its peers.
06 Nov, 2018, 09.44 AM IST
Citigroup may add three new directors, chairman saysCitigroup Inc may name as many as three more directors to its 11-member board to add skills and share the work load, Chairman Michael O'Nei...
28 Jun, 2013, 03.41 AM IST
Vikram Pandit to invest $110 million in JM Financial & its NBFC armVikram Pandit, who will invest $110 million to acquire stakes, will use the platform to enter banking business in India.
16 May, 2013, 07.17 PM IST
- Citigroup fires private bank CIO amid job cuts: Reports
Citigroup Inc has fired Richard Cookson, chief investment officer of its private bank, as the company looks to cut costs, it was reported.
08 Jan, 2013, 06.31 AM IST
Citi ousted Vikram Pandit for poor execution?Citigroup Inc directors ousted CEO Vikram Pandit after concluding that he had mismanaged operations , leading to setbacks with regulators a...
17 Oct, 2012, 05.25 AM IST
Vikram Pandit steps down as CEO of Citigroup, Michael Corbat to replace himMichael Corbat, previously chief executive for Europe, Middle East and Africa, was named to replace Pandit. The COO of the group has also r...
16 Oct, 2012, 07.28 PM IST
- Citigroup shakes up executive ranks: Report
Citigroup's Mike Corbat will become its sole CEO for Europe, the Middle East and Africa as part of a management shake-up, according to a me...
06 Nov, 2011, 02.19 PM IST
- Citigroup makes new executive changes
Citigroup, the government-rescued US banking giant, said Monday it had confirmed Mike Corbat as chief executive of Citi Holdings, a new uni...
06 Apr, 2009, 10.57 PM IST
- Citigroup CFO to become Citi Holdings Chairman
Citigroup is shuffling some of its executives, with Chief Financial Officer Gary Crittenden tapped for the newly created position of chairm...
20 Mar, 2009, 07.20 PM IST
- Citigroup's Pandit plays down banks nationalisation concerns
Downplaying the concerns of banks being nationalised, Citigroup chief Vikram Pandit has asserted that the commitment to a free market finan...
28 Jan, 2009, 09.39 PM IST
- Citi appoints Corbat as Global Wealth Management unit head
Citigroup has appointed Mike Corbat as chief executive of the Global Wealth Management unit.
23 Sep, 2008, 04.49 PM IST