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The bosses of the biggest banks on Wall Street all got pay bumps, but the biggest raise belonged to Citigroup CEO Jane Fraser.Fraser’s total 2024 compensation rose by roughly a third to $34.5 ...
During Q4 2024, Citigroup reported notable financial gains despite some challenges. The bank's revenue soared to $19.6 billion, marking a 12% increase compared to Q4 2023.
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.
Citigroup will cut 20,000 jobs over the next two years, the bank said on Friday, after reporting a $1.8 billion quarterly loss driven by a string of one-off charges. "The fourth quarter was very ...
Regulators slapped Citigroup with $136 million in fines for failing to resolve long-standing deficiencies surrounding controls and risk management, a setback for CEO Jane Fraser as she tries to ...
Citigroup CEO Jane Fraser is betting a dramatic restructuring can revive the lender's stock price and remove decades of bloat.On Friday she disclosed how deep those cuts will go. The New York bank ...
Citigroup chief financial officer Mark Mason today told an audience of about 300 people gathered at the Conrad Hotel in New York why the bank was having trouble complying with demands by ...
Citigroup's CFO Mark Mason plans to say more about the bank's restructuring next month at a banking conference in New York. Click here for in-depth analysis of the latest stock market news and ...