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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 · 5h

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.

Citi Hires BlackRock’s Kate Moore

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 expect U.S. President-elect Donald Trump's proposed tariffs to fuel volatility across global markets, spurring inflationary pressures and, in turn, limiting the scope for major central banks to ease monetary policy.

Bloomberg L.P. · 1d

Citi Names BlackRock’s Kate Moore Chief Investment Officer for Wealth

Citigroup Inc. said Kate Moore, a portfolio manager at BlackRock Inc., will join its Citi Wealth business as chief investment officer.

Barron's on MSN · 23h

Citi Hires BlackRock’s Kate Moore as Wealth Division CIO Amid Revamp

The former head of thematic strategy for BlackRock’s global allocation team will join Citi’s wealth business as chief investment officer.

7h

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 ...

1h

Pre-Earnings Look At Struggling Salesforce Stock

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

22h

Citigroup Awards Special Retention Bonuses for Dozens, Bloomberg News Reports

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

9h

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 ...

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 ...

Fintel on MSN1d

Citigroup Upgrades Chevron (CVX)

Fintel reports that on November 26, 2024, Citigroup upgraded their outlook for Chevron (NYSE:CVX) from Neutral to Buy.

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 ...

15h

It's Still Early In The Citigroup Turnaround Story - Buy In Now

Citigroup is investing in human capital and digital infrastructure, while retaining market share in some segments. See why C ...

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