Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from ...

Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term ...

But to the annoyance of senior managers, little was delivered. In the midst of that dysfunction, Chief Executive Officer Jane ...

Citigroup has announced a dramatic overhaul to its year-end promotions process, slashing the number granted as it grapples ...

Wall Street profits have marched higher, even when Washington was cracking down on deals. Now financiers are “dancing in the ...

China's Vice-Premier He Lifeng met Citigroup CEO Jane Fraser in Beijing on Thursday, underscoring efforts to open up the ...

Trump hasn’t yet returned to office, and the biggest banks keep notching wins. The nation’s biggest banks have just in the ...

His abrupt personnel changes rankled some executives, prompting bankers to defect. In response, Citigroup offered dozens of retention bonuses to staff, particularly in the Wealth at Work unit and to ...

(Reuters) -Citigroup's wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall ...

Citigroup plans to significantly reduce the number of year-end promotions to curb costs during its ongoing restructuring, the ...

Citi's turnaround shows promise, but caution is advised due to short-term pressures and weaker returns compared to peers.