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Citigroup axes more jobs
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
Citigroup axes more jobs as part of ongoing cost-cutting plan
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive Officer Jane Fraser to cut costs.
Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank’s clients,
Citi cuts more jobs to reduce expenses: report
Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg reported on Thursday, citing people familiar with the matter.
Citigroup cuts more jobs to meet expense goals, Bloomberg News reports
Citigroup is cutting more jobs this week to meet CEO Jane Fraser's expense goals, Bloomberg News reported on Thursday, citing people familiar with the matter. Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank's clients,
5d
on MSN
Citigroup stock climbs after posting Q4 earnings beat; announces $20B stock buyback
Citigroup (NYSE:C) stock gained 5.6% in Wednesday premarket trading after the megabank posted better-than-expected Q4 results ...
5d
on MSN
Citigroup (C) Q4 2024 Earnings Call Transcript
Operator Hello and welcome to Citi's fourth quarter 2024 earnings call. Today's call will be hosted by Jenn Landis, head of ...
5d
Citigroup Q4 Earnings Beat, Revenues Match Estimates, Stock Up
Strong IB revenues, along with lower expenses, support C's Q4 earnings. However, a decline in deposit balance is a headwind.
5d
Citi reports Q4 EPS $1.34, consensus $1.24
Reports Q4 revenue $19.6B, consensus $19.51B. Reports Q4 CET1 capital ratio 13.6%. Reports Q4 ROCE 5.4%. Reports Q4 RoTCE 6.1%. Citi (C) CEO ...
devdiscourse
5d
Citigroup's Stellar Q4 Performance: A Transition Year Ends with Momentum
Citigroup surpassed Q4 profit estimates with robust trading and dealmaking activities, launching a $20 billion buyback ...
6d
Banks to kick off Q4 earnings on Wednesday — here's what to expect
Bank of America (NYSE: BAC) Chairman and CEO Brian Moynihan is confident that Q4 net interest income will reach $14.3B, ...
5d
Citigroup Inc. Q4 Earnings Summary
Below are the earnings highlights for Citigroup Inc. (C): Earnings: $2.856 billion in Q4 vs. -$1.839 billion in the same period last ...
12h
10 Mega-Cap Stocks That Could Continue Surging Post 52-Week Highs
Even though the S&P had hardly moved from its early November levels when the election happened, many mega-cap stocks continue ...
2d
on MSN
15 of 16 financial stocks post earnings beats as banks continue to win big - Earnings Scorecard
A recap of the latest quarterly earnings results in the financial sector, including Citigroup, JPMorgan Chase, Morgan Stanley ...
5d
Citigroup: Q4 Earnings Snapshot
The U.S. bank posted revenue of $40.9 billion in the period. Its revenue net of interest expense was $19.58 billion, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $19.55 ...
bankingdive
5d
7 takeaways from Q4 earnings at JPMorgan, Goldman and more
JPMorgan CEO Jamie Dimon addressed his retirement timeline, Goldman chief David Solomon talked Apple, and bankers overall ...
Hosted on MSN
3d
Wall Street Banks Report Strong Q4 Results Amid Economic Resilience and Policy Uncertainty
Morgan Stanley, Goldman Sachs, Bank of America, Citi, Wells Fargo, and JPMorgan Chase all reported strong fourth-quarter ...
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