Citi’s Jane Fraser is bucking the RTO trend in the hope of poaching top talent from the likes of JPMorgan
CEO Jane Fraser is maintaining a hybrid work policy and positioning the bank's flexibility as a competitive recruitment ...
Citi Just Became a Magnet for Ambitious Working Moms
Beth Kowitt is a Bloomberg Opinion columnist covering corporate America. She was previously a senior writer and editor at ...
Citi is bucking the RTO trend and sticking to 3 days a week in the office, even as it spends $1.2 billion on a new London office
As rival banks like JPMorgan and Goldman Sachs mandate five days in the office, Citi sees its hybrid schedule as a key ...
MarketWatch23d
Citigroup projects full-year returns to climb
Citigroup Inc.'s Chief Executive Jane Fraser said the ... not a destination," Fraser said. "We intend to improve returns well above that level and deliver Citi's full potential for our shareholders." ...
Citi sticks to hybrid working, bucks return-to-office trend, FT reports
Citigroup CEO Jane Fraser has informed top executives the bank will stick to its hybrid work schedule, the Financial Times ...
Citi Cuts More Jobs in Push to Meet CEO Fraser’s Expense Goals
Citigroup Inc. eliminated more jobs this week, just as executives were announcing new share buybacks and doubling down on Chief Executive Officer Jane Fraser’s commitment to expense reductions.
American Banker23d
Citi's Fraser defends expenses, long-term investments
UPDATE: This article includes comments made during Citi's earnings call. Citigroup CEO Jane Fraser made her feelings about expenses crystal clear on Wednesday: The megabank, which has been spending ...
Yahoo Finance23d
Citi Swings to a Profit and Announces $20B Stock Buyback
“2024 was a critical year and our results show our strategy is delivering as intended and driving stronger performance in our businesses,” CEO Jane Fraser said in a release. Citi also said its ...
Business Insider17d
Citi is shaking up its technology leadership and reorganizing its 'crown jewel' services unit
Sprawling Citigroup is no stranger to reorganizations since its CEO, Jane ... Fraser said in a call with analysts last week. "We have materially simplified our firm since then." On Monday, Tim ...
Yahoo Finance17d
Citi pushes for simplified banking, digital innovation
Citi’s U.S. personal banking revenues grew 6% year over year to $20.4 billion. While CEO Jane Fraser credited growth in cards and consumer engagement, she also stressed the importance of ...
New York Post22d
Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Citigroup is cutting more jobs this week to meet CEO Jane ... Citi’s stock surged 37% in 2024, outperforming the broader banking index and the equity markets, as investors cheered Fraser ...
AOL23d
Citi beats profit on trading strength, but cuts return targets after 'critical' year
"2024 was a critical year and our results show our strategy is delivering as intended and driving stronger performance in our businesses," said Citi CEO Jane Fraser. "While we now expect our 2026 ...