Citi raises average 2025 oil price forecasts, citing geopolitical risks
1 day ago · Jan 22 (Reuters) - Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran, but noted prices were likely to ease through the second half of the ...
Citi cuts return targets to spend more on regulatory fixes, plans …
Jan 15, 2025 · Citi's investment banking revenue rose 35% to $925 million in the fourth quarter. Global investment banking revenue jumped 26% in 2024 to $86.8 billion, according to data from Dealogic.
Citigroup must face New York lawsuit over handling of fraud scams
2 days ago · NEW YORK, Jan 21 (Reuters) - A federal judge on Tuesday rejected Citigroup's (C.N), opens new tab bid to dismiss a lawsuit by New York Attorney General Letitia James claiming it failed to protect ...
A key to Citi's regulatory woes: staff need skills 'enhancement'
Oct 15, 2024 · NEW YORK (Reuters) -Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank's own assessment, shedding light on why it is taking it years...
Citi cuts return targets to spend more on regulatory fixes, plans …
Jan 15, 2025 · (Reuters) -Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program.
Citi must face NY AG suit over handling of fraud claims, Reuters ...
2 days ago · Citi (C)group must face a lawsuit by New York Attorney General Letitia James which alleges it failed to protect customers from online scammers and refused to reimburse customers who were ...
Citi hit by new Fed rebuke, setbacks on consent orders | Reuters News ...
Feb 13, 2024 · Reuters exclusively reported that U.S. regulators asked Citigroup for urgent changes to the way it measures default risk of its trading partners. Reuters also reported exclusively that the bank’s own auditors found a plan to improve internal oversight to be lacking.
Citigroup Axes More Jobs as Part of Ongoing Cost-Cutting Plan - U.S. News
Jan 16, 2025 · (Reuters) -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 ...
Citigroup axes more jobs as part of ongoing cost-cutting plan
Jan 16 (Reuters) - Citigroup (C.N), opens new tab 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 ...
Citigroup slashes promotions as it seeks to overhaul bank, FT …
Nov 26, 2024 · (Reuters) -Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on...