Beth Kowitt is a Bloomberg Opinion columnist covering corporate America. She was previously a senior writer and editor at ...

Citigroup CEO Jane Fraser is planning to keep hybrid work—despite JPMorgan Chase and Goldman Sachs's preference for a return ...

In a notable divergence from the banking industry's return-to-office trend, Citigroup (NYSE:C) CEO Jane Fraser said the lender will maintain its hybrid work model, according to a recent media report.

Ida Liu, an 18-year veteran of the bank, did not detail her future plans. Citi eliminated her post and will instead have four regional private-banking chiefs.

Plus: NZ woos remote workers with visa revamp; UBS’s Swiss staff feel the axe; Blockchain firm Humanity Protocol hits $1.6b ...

Southwest Airlines Co.’s stock fell 4% Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the valuation has risen while earnings quality and free-cash-flow ...

He is expected to stay in his role until the end of March 2025. Citi has been working to manage costs, simplify operations, and meet returns objectives. Jane Fraser, Citi’s CEO, has indicated during ...

Sprawling Citigroup is no stranger to reorganizations since its CEO, Jane ... Fraser said in a call with analysts last week. "We have materially simplified our firm since then." On Monday, Tim ...

Citi’s U.S. personal banking revenues grew 6% year over year to $20.4 billion. While CEO Jane Fraser credited growth in cards and consumer engagement, she also stressed the importance of ...

CITIGROUP eliminated more jobs this week, just as executives were announcing new share buybacks and doubling down on chief executive officer Jane Fraser’s commitment to expense reductions. Managing ...

The NYT Mini is a quick and dirty version of the newspaper's larger and long-running crossword. Most days, there are between three and five clues in each direction on a five by five grid ...

Citigroup is cutting more jobs this week to meet CEO Jane ... Citi’s stock surged 37% in 2024, outperforming the broader banking index and the equity markets, as investors cheered Fraser ...