Citigroup managers are in the process of reviewing staff rosters ahead amid a restructuring that will be announced in November, according to a memo seen by Reuters.

There's a debate going on in financial markets over if and when the benchmark 10-year Treasury note yield will get to 5%, with bond traders leaning toward such a scenario unfolding in a matter of w...

Gerard Cassidy, RBC Capital Markets managing director, joins 'Squawk on the Street' to discuss the outlook for financials in the fourth quarter, his expectations for when the Fed will reach the ter...

Patient Capital, a recently established independent asset management firm, was previously a part of Miller Value Partners. It upholds an investment philosophy and methodology initially conceived ma...

"The case for change is pretty clear - our people want to succeed and our highest performers got behind this very quickly," CEO Fraser told CNBC.

Citigroup CEO Jane Fraser said on Friday that top employees were on board with the company's sweeping reorganization, and that there was "no room for bystanders" in the bank's biggest overhaul in a...

Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser.

Citigroup CEO Jane Fraser joins 'Squawk on the Street' to discuss the vision behind splitting Citi into five business units, whether layoffs are part of the restructuring plan, and how the company ...

Citigroup and a former unit were fined $1.975 million by the U.S. Securities and Exchange Commission on Thursday for making securities recommendations to retail customers without complying with dis...

Citigroup (C) is likely to reduce its workforce in Tampa as part of the major strategic reform including efforts to revamp the company's corporate structure.

Citigroup (C) is in talks to sell its China retail wealth management business to HSBC Holdings as part of its plan to exit from consumer banking outside of the United States.

It's a company in a sector that's known for being miserly with its payouts -- banking. This lender has been a laggard when compared to its peers.

HSBC is set to acquire Citigroup's China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter said, in a major boost to the Lo...

As part of the previously announced reorganization efforts, Citigroup (C) alerts employees in the U.K. of probable job cuts.

Citigroup (NYSE: C) stock price has underperformed its peers in the past decade. It has risen by more than 80% since 2009 while the SPDR S&P Bank ETF (KBE) and SPDR S&P Regional Banking ETF (KRE) h...