Citigroup has appointed Viswas Raghavan from JPMorgan Chase as its new head of banking. Raghavan, who most recently served as JPMorgan's he...

Citi also expects to shed a further 40,000 jobs when it lists its Mexican consumer unit Banamex in an initial public offering. It ultimatel...

Citigroup on Friday reported a $1.8 billion loss for the fourth quarter as it recorded charges to refill a government deposit insurance fun...

The company started announcing the cuts - which affect those staffers two levels below Fraser's executive management team - on Monday, acco...

Preparations for Monday's announcements were communicated verbally in meetings, according to a source familiar with the situation who was n...

Last month, Citi announced plans to cut management layers from 13 to eight as part of its biggest overhaul in decades. In the two top layer...

Citigroup's managers and consultants have reportedly discussed potential job cuts of at least 10% in several major business segments as par...

Citigroup is expected to lay off support staff in compliance and risk management, as well as technology staff with overlapping functions, a...

The reorganization plan for the unit that houses banking, markets, securities services among others was shared by the bank in an internal m...

US bank Citi has cut around 35 jobs across its capital markets trading operation in London, sources with knowledge of the changes said.

Citigroup Inc is closing 330 branches of its US consumer finance business as part of a restructuring aimed at finding a buyer for the unit,...

Sumitomo Mitsui is taking over Citigroup's Japan brokerage businesses, both sides said on Friday, as part of a plan to restructure the stru...

Citigroup is shuffling some of its executives, with Chief Financial Officer Gary Crittenden tapped for the newly created position of chairm...

Citigroup's top three executives have passed up bonuses, as the banking giant works to return to profitability after five straight quarters...

Banking giant Citigroup says it will sell its German retail banking operation and some of its affiliates to Credit Mutuel, France's third-b...

US banking giant Citigroup reported Friday a 5.1 billion dollars net loss during the first quarter and said it would cut an additional 9,00...

The bank, which replaced its former chief executive Chuck Prince Vikram Pandit late last year, has been scrambling for cash. Tips for right...