Citigroup reorganizes business model to streamline operations
Citigroup is making "significant changes" to streamline its organizational model. The flatter structure will eliminate management layers and speed up decision-making.
Citigroup CEO reorganizes businesses, cuts jobs amid stock slump
CNBC's Hugh Son and Leslie Picker report on Citigroup's CEO reorganization of the business.
Citigroup's business heads in revamped structure
Citigroup announced a major reorganization on Wednesday that trims management layers, giving CEO Jane Fraser more direct oversight over its businesses as she aims to boost its profit and share price.
Citi shakeup: The banking giant is planning layoffs and a huge overhaul
Citigroup is planning a sweeping overhaul of its organization after years of lackluster stock performance. Reorganization efforts will involve layoffs, people familiar with the matter told Bloomberg.
Citi (C) Sells Small Business Loan Platform Bridge to Foro
Citigroup (C) sells its Bridge platform to Foro and becomes a strategic investor in Foro to expand the loan platform's services.
Citigroup shares trading higher following the reorganization announcement
CNBC's Leslie Picker joins 'Squawk on the Street' to report on Citigroup as the company's CEO, Jane Frazer, announced a corporate reorganization on Wednesday.
Citi CEO Says Restructuring Is 'Next Big Step' for Bank
Citigroup CEO Jane Fraser says a major restructuring will help simplify how the bank is run and be a better fit for the long term. She speaks at Barclays Global Financial Services Conference.
Citi announces biggest reorganisation since global financial crisis
Citigroup Inc (NYSE: C) is in focus this morning after announcing a corporate organisation that it expects will improve accountability and expedite decision making. Citi is dividing into five busin...
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs
CNBC's David Faber delivers the latest news from Citi.
Citigroup Plans Job Cuts as Bank Is Restructured
Citigroup Inc. is preparing for a wave of job cuts as Chief Executive Officer Jane Fraser restructures the Wall Street giant to operate from five main businesses. Bloomberg's Sonali Basak has the b...
Citigroup's stock rises as it reorganizes into a ‘streamlined geographic structure'
Citigroup Inc.'s C, +2.69% stock was up 0.8% in premarket trading on Wednesday after the megabank said it would reorganize into a flatter structure with leads of its five major business units repor...
Citigroup CEO makes sweeping management changes to simplify bank
Citigroup CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses as she seeks to simplify the bank.
Top Calls: Citigroup Affirmed at A3 by Moody's
Mike Mayo, Wells Fargo Managing Director, US Large Cap Banks, joins Katie Greifeld and Scarlet Fu to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
Citigroup (C) Agrees to $2.9M Fine on Record-Keeping Violation
Citigroup (C) has been levied a $2.9 million civil penalty by SEC for violating record-keeping requirements.
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