Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. Managing directors in the wealth and ...
These resulted in “materially inaccurate” calculations of the capital and liquidity needed to carry out bankruptcy plans and other distress responses. In September, Citi was fined $136 million ...
and the bankruptcy of Big Lots could potentially reduce competition in the closeout sector. Lastly, Citi finds Ollie's long-term financial algorithm attractive, with expectations of steady same ...
has a little more than a year to reshape its money-losing businesses and deliver a get-out-of-bankruptcy plan. Girded by a 950 million dollar financing deal with Citigroup Inc., the photography ...