While investors may be reacting to headlines by selling American assets, Citigroup CEO Jane Fraser doesn't expect the strategy to endure.
Citi boosted its price target for Palantir from $210 to $235 and gave it a buy rating. Analysts said 2026 could bring more ...
Citi’s leadership is explicitly linking staff cuts to investments in AI. The bank’s CFO, Mark Mason, said in a media briefing ...
Citigroup has an international commercial banking franchise and a domestically focused retail banking unit. The bank's commercial operations—services, markets, and banking segments—have large trading, ...
Jane Fraser is calling time on Citigroup Inc.’s laggard culture. In a punchy memo to the bank’s employees on Wednesday, the Wall Street chief executive told her 226,000 staff that the “bar is raised,” ...
Memo to 200,000 staff ties tougher performance expectations and job cuts to the banking's push into automation and artificial ...
Dave Mingey and Hayle Chun have joined On Board Experiential (OBE) to establish Onboard Sports Advisory, extending the Los Angeles-headquartered agency's role in the global sports ecosystem.
Fortune's Most Powerful Woman on Wall Street is cutting 1,000 jobs now, with tens of thousands more to come as she says "old, ...
Citi's CEO pledged to save billions by cutting jobs. A new memo and statements by the bank's top brass shed light on how that ...
Citi upgrades Palantir (PLTR) to Buy, citing an AI and defense “supercycle,” rising 2026 estimates, and key catalysts.
Citigroup board approves sale of Russia unit, flags $1.2 billion loss Citigroup on Monday said its board approved the sale of its Russian unit, AO Citibank, to Renaissance Capital, in a deal that will ...
Citi Bike is raising its prices in January for the fifth year in a row, citing the continued expansion of the bike-share program and the impact of recent tariffs. Starting on Jan. 5, e-bike fees and ...