Citi Sees a Deal Boom Emerging as US Firms Go Shopping in Europe
1 day ago · Citigroup Inc.’s top investment banker says US corporates are on the hunt for overseas deals thanks to a strong dollar, an easier regulatory regime and a widening gap in the multiples at which ...
Citi Reports Strong Earnings Across the Board ... - Bloomberg.com
Jan 15, 2025 · Citigroup reported stronger-than-expected Q4 results, with revenue rising across all main business lines and net income beating estimates. Citi will also buy back $20 billion in stock. The bank ...
Citi Cuts More Jobs in Push to Meet CEO Fraser’s Expense Goals
6 days ago · Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login ... Citi Announces $20B Buyback ... Help ©2025 Bloomberg L.P. All ...
Goldman Sachs and Citigroup Are the Haves and Have-Nots
Jan 15, 2025 · Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial Times. A growing split between the haves ...
Citi Rolls Back Key Target Halfway Through Fraser’s Revamp
Jan 15, 2025 · Citigroup Inc. said it will repurchase $20 billion worth of its stock in the coming years — unleashing billions of excess capital the bank had been keeping on hand in order to meet a key ask ...
Citi (C) Plans to Reserve $600 Million for Severance Payments in …
Jan 15, 2025 · Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason.
Citigroup Earmarks $600 Million in Severance for Fresh Job Cuts
Jan 15, 2025 · Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason. The $600 million figure is down about 14% from last year, when the bank shed more than 10,000 jobs. Typically, Mason said, severance costs would hover around $300 million.
Watch Davos 2025: Citi's Vas Raghavan on Post-US ... - Bloomberg.com
1 day ago · Vis Raghavan, Citi Head of Banking, comments on the 'risk on' mode for assets in a Donald Trump presidency, tech, and the US finance environment. He speaks to Johnathan Ferro and Lisa Abramowicz ...
Watch Citi Announces $20B Buyback - Bloomberg
Jan 15, 2025 · Citigroup Inc. lowered a crucial profitability target central to Chief Executive Officer Jane Fraser’s plan to turn around the bank, but offered investors a sweetener in the form of share...
Citi Bonuses Buy Time for New Wealth Boss’s Rush to Revamp
Nov 25, 2024 · Citigroup Inc. was preparing to declare its wealth business a key piece of the bank’s growth strategy, but behind the scenes technology kept stirring up trouble. Ultra-rich clients complained...
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