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Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank , and Travelers ; Travelers was spun off from the company in 2002.
Richard Dean Parsons (April 4, 1948 – December 26, 2024) was an American business executive, notably the chairman of Citigroup and the chairman and CEO of Time Warner.He had also been the interim CEO of the Los Angeles Clippers of the National Basketball Association (NBA) and the interim chairman of the board for CBS.
Jane Fraser (born 13 July 1967) is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. [1] [2] Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004.
Citi and the Citi Foundation Donate $1 Million to American Red Cross Citibank Waiving Fees and Providing Relief for Affected Customers NEW YORK--(BUSINESS WIRE)-- The Citi Foundation today ...
Schlein began his career at Smith Barney, where he worked with municipal governments on access to capital markets. He then was Chief of Staff to the New York City Deputy Mayor for Finance and Economic Development (1989-1993), and then Chief of Staff under Chairman Arthur Levitt at the U.S. Securities and Exchange Commission (1994-1997).
A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control and risk issues.
In 2015, America’s Promise partnered with the Citi Foundation to launch the Youth Opportunity Fund, a $3 million initiative to support programs that prepare urban youth for the workforce. It awarded $250,00 grants to each of 12 organizations in 10 U.S. cities: Boston, Chicago, Dallas, Los Angeles, Miami, New York City, Newark, St. Louis, San ...
Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and stock price.. About 20,000 employees will be let go over the “medium term,” New ...