Citigroup fined US$135.6 million over internal control problems
US BANK regulators fined Citigroup US$136 million for making “insufficient progress” fixing data management issues identified in 2020 and required ...
Tag: Citigroup
Citigroup urges dismissal of ex-managing director’s whistleblower lawsuit
CITIGROUP urged a judge to dismiss a lawsuit by a former managing director who accused the bank of firing her ...
Citigroup sees loan book hit in climate action ramp-up, document shows
CITIGROUP could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle ...
Citigroup sells maple bonds in first sizable deal since 2015
CITIGROUP sold a large debt offering in the Canadian-dollar bond market for the first time in nearly a decade as ...
Citigroup CEO faces growth challenge as overhaul rattles employees
CITIGROUP investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s ...
Citigroup claims New York attorney general’s online fraud suit is ‘misguided’
CITIGROUP asked a judge to throw out a suit by the State of New York over online protections for consumers, ...
Citigroup cut US tech banker jobs during broad reorganisation
CITIGROUP implemented a fresh round of job cuts in its US investment bank last week, according to sources familiar with ...
Citigroup to end sweeping overhaul this week after 5,000 layoffs
CITIGROUP is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, ...
Citigroup has sold most non-US consumer businesses as revamp progresses
CITIGROUP has sold its non-US consumer businesses in nine out of 14 regions and “substantially wound down” three more, as ...
Citigroup probes senior IPO banker over bullying claims
CITIGROUP is investigating workplace harassment allegations made by at least one employee against a senior US banker who works on ...
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