citigroup

Citigroup Loses Key Municipal Bankers to Jefferies Amidst Department Shakeup

A umber of healthcare-focused bankers at Citigroup departed for competitor Jefferies Financial following discussions among the company's leadership about completely discontinuing the municipal banking division.

Citigroup Set to Announce Management Changes and Layoffs on Monday

Citigroup workers may anticipate announcements regarding management changes and layoffs on Monday as part of the bank's extensive restructuring.

Citigroup seeks buyers for 20% stake in China Guangfa Bank after scrapping plans to list in Hong Kong

Citigroup is in talks to sell its 20 percent stake in China Guangfa Bank, with China Life Insurance Co. and Citic Trust Co. considering to acquire the shares.

Citi and Wharton opens school for wealth advisors

Citi and Wharton's new Global Wealth School at the University of Pennsylvania is a first-of-its-kind in global executive education.

Citigroup says it's time to rebuild its equities unit

Citi group is planning to rebuild its equities unit even during current economic crisis as they believe that the investment is more lucrative compared to fixed income investment.

India recruits private sector executives to head state bank reforms

The Indian government recruited executives from the private sector to lead two of the biggest state-owned banks, making it the first such appointments in a wide-range reform strategy to challenge the dominant but often inefficient lenders backed by the government.

Financial Struggle: Fidel Castro shares his biggest regrets

Former Cuban president and revolutionary Fidel Castro made startling admissions to Citigroup executive Bill Rhodes, who said that the Latin American leader regretted kicking out the IMF from the country and assigning Che Guevara as the chief of the Cuban central bank.

CFPB fines Citibank for illegal credit card practices

Citigroup's consumer bank to pay $700mn to consumers and $70mn to US govt

Latest Stories

Building an Emergency Fund: Why It's Crucial and How to Get Started

Discover the importance of building an emergency fund and learn practical steps. With our guide, you can secure your financial future and gain peace of mind.

Parking Perks or Hidden Fees: How Much Should You Tip a Valet?

Valets put in a lot of labor. In addition to being in charge of moving cars safely, they also have to operate fast and effectively, regardless of the weather, including wind, rain, heat, or snow.

GLP-1 Weight Loss Option Now 85% Cheaper with Hims & Hers

Injectable GLP-1 weight reduction medications are being sold by direct-to-consumer pharmaceutical firm Hims & Hers Health at a far lower price than name-brand rivals like Wegovy and Ozempic.

Freddie Mac Sees Limited Rate Cuts, Dampening Housing Hopes

For those who are purchasing a home, the year has been difficult thus far because of the combination of rising loan rates and high housing costs. Regretfully, there might not be much respite for the rest of 2024.

Target Cuts Prices on Thousands of Essentials as Inflation Pinches Budgets

As inflation bites into household budgets and more Americans become more frugal with their purchasing, Target intends to lower prices on thousands of consumer staples this summer, ranging from milk to diapers.