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 ...

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, ...

Memo to 200,000 staff ties tougher performance expectations and job cuts to the banking's push into automation and artificial ...

Citi’s leadership is explicitly linking staff cuts to investments in AI. The bank’s CFO, Mark Mason, said in a media briefing ...

Citigroup Inc. is set to cut about 1,000 jobs this week as part of Chief Executive Jane Fraser’s march to keep a lid on costs ...

Bank of America CEO Brian Moynihan expects his bank’s workforce to shrink as the lender leans into AI. Citi CEO Jane Fraser, ...

Q4 earnings beat lifts stock; see NII outlook, efficiency ratio targets and segment trends in investment banking & wealth.

Citigroup stock (NYSE: C) fell on mixed Q4 results, with divestiture losses and rising expenses overshadowing strong revenue.

Citigroup beat Wall Street estimates for fourth-quarter profit on Wednesday, buoyed by a rebound in dealmaking and stronger ...

The bank’s board approved the transfer of its Russia business to Renaissance Capital and will reclassify the assets as “held ...

The Jane Fraser-led New York powerhouse posted net income, which is profit after taxes and expenses, of $2.5 billion for ...

Micron Technology, Inc. (NASDAQ:MU) is among the stocks with the best earnings growth for the next 5 years. On January 15, ...