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Citigroup slashes promotions

Reuters on MSN · 1d

Citigroup slashes promotions as it seeks to overhaul bank, FT reports

Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on Tuesday.

New York Post on MSN · 1d

Citigroup slashes banker promotions in cost-cutting drive: report

Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from 8,000 in previous years, the FT reported.

Zacks.com on MSN · 11h

Citigroup to Slash Year-End Promotions Amid Organization Overhaul

Citigroup Inc. C is planning to slash the number of year-end promotions it typically grants as it strives to keep expenses low amid a long-term organizational overhaul to shrink headcount, as reported by the Financial Times.

InvestmentNews · 1d

"Morale pretty low" as Citigroup slashes year-end promotions

Citigroup has announced a dramatic overhaul to its year-end promotions process, slashing the number granted as it grapples with cost-cutting measures and a sweeping restructuring to shed jobs and streamline its operations, the Financial Times reported.

Business Insider · 1d

Citi cuts promotions, raises as it seeks to overhaul the bank, FT says

Citi (C)group is cutting the number of year-end promotions it typically awards as the company seeks to keep costs down amid a long-term

14h

Citigroup: Still Undervalued As Restructuring Is Showing Results

Citigroup is a strong value play with potential for further gains, low valuation metrics, and a promising dividend yield. See ...

7h

Pre-Earnings Look At Struggling Salesforce Stock

Customer relationship management system provider Salesforce (CRM) is entering the earnings confessional after the close on ...

2d

Citigroup awards special retention bonuses for dozens, Bloomberg News reports

Citigroup has greenlit special retention bonuses for hundreds of personnel this year as the Wall Street giant looks to ...

15h

Citigroup: Q3 Performance Justify Fair Value

Citi's valuation metrics indicate a mixed picture: a high P/E ratio suggests accounting risks, but a low P/B ratio offers a ...

Fintel on MSN11h

Citigroup Upgrades Urban Outfitters (URBN)

Fintel reports that on November 27, 2024, Citigroup upgraded their outlook for Urban Outfitters (NasdaqGS:URBN) from Neutral ...

12d

Citigroup facing US probe over ties to sanctioned Russian billionaire, Bloomberg reports

Part of the investigation is looking into Citigroup's anti-money laundering policies and systems to prevent financial crimes, ...

2d

Orlando firm snaps up 20 acres from Citigroup for East Tampa industrial complex

Foundry Commercial has acquired nearly 20 acres from Citigroup Technology Inc. and plans to build a 262,000-square-foot ...

2d

NVIDIA Hits Highs as Analysts Forecast Continued Growth: Citigroup Lifts Target to $175

Currently, NVIDIA shares are at $146.71, which is very close to the yearly high of $152.89. Although its futures are strong ...

1d

Citigroup hires Kate Moore from BlackRock as wealth CIO

Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They ...

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