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$132.47
-2.66 (-1.97%)
At Close: Jun 05, 2026
Citigroup CEO announces reorganization, jobs cuts likely
04:54pm, Wednesday, 13'th Sep 2023
Citigroup (C) shares rose after CEO Jane Fraser announced a new reorganization plan. The company, which currently operates with two divisions, will undergo a transformation into five separate division
Citi Plans ‘Uncomfortable' Cuts Amid Sweeping Reorganization
03:54pm, Wednesday, 13'th Sep 2023
Citi says it is embarking on a major restructuring of its organization that eliminates a number of management layers. The new structure, announced Wednesday (Sept.
Citigroup reorganizes business model to streamline operations
03:30pm, Wednesday, 13'th Sep 2023
Citigroup is making "significant changes" to streamline its organizational model. The flatter structure will eliminate management layers and speed up decision-making.
Citigroup CEO reorganizes businesses, cuts jobs amid stock slump
03:15pm, Wednesday, 13'th Sep 2023
CNBC's Hugh Son and Leslie Picker report on Citigroup's CEO reorganization of the business.
Citigroup's business heads in revamped structure
01:27pm, Wednesday, 13'th Sep 2023
Citigroup announced a major reorganization on Wednesday that trims management layers, giving CEO Jane Fraser more direct oversight over its businesses as she aims to boost its profit and share price.
Citi shakeup: The banking giant is planning layoffs and a huge overhaul
01:19pm, Wednesday, 13'th Sep 2023
Citigroup is planning a sweeping overhaul of its organization after years of lackluster stock performance. Reorganization efforts will involve layoffs, people familiar with the matter told Bloomberg.
Stock news September 13, 2023: WeWork, Citi, and Adobe
01:01pm, Wednesday, 13'th Sep 2023
Yahoo Finance anchors Brad Smith and Julie Hyman report on WeWork (WE) stock reversing course this morning as the stock has already fallen 90% year-to-date and faces potential delisting. Citigroup (C)
Citi (C) Sells Small Business Loan Platform Bridge to Foro
12:46pm, Wednesday, 13'th Sep 2023
Citigroup (C) sells its Bridge platform to Foro and becomes a strategic investor in Foro to expand the loan platform's services.
Citigroup shares trading higher following the reorganization announcement
12:34pm, Wednesday, 13'th Sep 2023
CNBC's Leslie Picker joins 'Squawk on the Street' to report on Citigroup as the company's CEO, Jane Frazer, announced a corporate reorganization on Wednesday.
Citi CEO Says Restructuring Is 'Next Big Step' for Bank
12:00pm, Wednesday, 13'th Sep 2023
Citigroup CEO Jane Fraser says a major restructuring will help simplify how the bank is run and be a better fit for the long term. She speaks at Barclays Global Financial Services Conference.
Citi announces biggest reorganisation since global financial crisis
10:56am, Wednesday, 13'th Sep 2023
Citigroup Inc (NYSE: C) is in focus this morning after announcing a corporate organisation that it expects will improve accountability and expedite decision making. Citi is dividing into five business
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs
10:37am, Wednesday, 13'th Sep 2023
CNBC's David Faber delivers the latest news from Citi.
Citigroup Plans Job Cuts as Bank Is Restructured
10:19am, Wednesday, 13'th Sep 2023
Citigroup Inc. is preparing for a wave of job cuts as Chief Executive Officer Jane Fraser restructures the Wall Street giant to operate from five main businesses. Bloomberg's Sonali Basak has the
Citigroup's stock rises as it reorganizes into a ‘streamlined geographic structure'
09:18am, Wednesday, 13'th Sep 2023
Citigroup Inc.'s C, +2.69% stock was up 0.8% in premarket trading on Wednesday after the megabank said it would reorganize into a flatter structure with leads of its five major business units reportin
Citigroup CEO makes sweeping management changes to simplify bank
09:05am, Wednesday, 13'th Sep 2023
Citigroup CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses as she seeks to simplify the bank.
