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Jane Fraser is trying to pull chronically struggling Citigroup out of ...
Jul 11, 2024 · Fraser, the first woman ever to run a Wall Street bank, inherited a behemoth that had become a laughingstock among its peers, hobbled by its unwieldy bureaucracy, a bloated …
‘Get off the train’: Citi’s Jane Fraser sends tough …
Sep 25, 2023 · Citigroup chief executive Jane Fraser has warned the bank’s 240,000 employees it is time to sign up to her overhaul of the group or “get off the train” as she cuts jobs and hacks back the...
Citigroup is cutting 10% of its workforce in CEO Jane Fraser
- Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s res…
About 20,000 employees will be let go over the “medium term,” New York-based Citigroup said Friday in a slideshow tied to fourth-quarter earnings. While it wasn’t immediately clear how long that is, the bank has previously used that term to denote a three- to five-year period. - Citigroup had roughly 200,000 workers at the end of 2023, excluding Mexican operations that ar…
Citigroup CEO Jane Fraser announced a sweeping overhaul of the third-largest U.S. bank by assets in September. The company has been left behind by peers since the 2008 financial crisis as Fraser’s predecessors couldn’t get a handle on expenses and is the lowest valued among th…
- Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s res…
- Events of jane fraser news
Citigroup lays off more bosses as CEO Fraser addresses managing ...
Jan 18, 2024 · Citigroup CEO Jane Fraser held a conference call on Thursday with managing directors to discuss the bank's sweeping overhaul, according to two sources familiar with the …
Citigroup CEO sets sweeping management changes, …
Sep 14, 2023 · NEW YORK, Sept 13 (Reuters) - Citigroup (C.N) will strip out a layer of management and cut jobs in a sweeping reorganization that will give CEO Jane Fraser more direct control as she seeks to...
Citigroup CEO Jane Fraser pushes biggest overhaul in …
Sep 14, 2023 · NEW YORK, Sept 13 (Reuters) - Citigroup (C.N) chief executive Jane Fraser's move on Wednesday to strip out a layer of top management, cull jobs and take more control of key businesses marks...
Remarks by CEO Jane Fraser at Citi’s 2024 Annual ... - Citigroup
Apr 30, 2024 · We have been executing the strategy we laid out at our 2022 Investor Day with urgency. We are making meaningful strides in our Transformation by strengthening our risk …
Citigroup Makes Fresh Round of Layoffs in Jane …
Nov 20, 2023 · Citigroup began making an extensive round of layoffs and organizational changes, part of Chief Executive Jane Fraser’s efforts to streamline the bank.
Jane Fraser to gain more control of Citigroup in …
Sep 13, 2023 · Citigroup unveiled its biggest reorganisation in almost two decades, handing more control to chief executive Jane Fraser, simplifying its management structure and cutting jobs.
Citigroup Lifts Jane Fraser’s Pay to $26 Million
Feb 20, 2024 · Citigroup Inc. lifted Chief Executive Officer Jane Fraser ’s pay about 6% to $26 million for a year in which she kicked off a major overhaul of the Wall Street giant to simplify operations and...
