Michael O’Neill, Citi’s chairman of the board of directors, will retire on January 1, 2019. John Dugan, Citi director, will succeed O’Neill as chairman on that same date. O’Neill joined the board in ...

The board of directors at Citi has elected Jay Jacobs as a new independent director. Jacobs most recently served as president and managing director of Pacific Investment Management Company (PIMCO), a ...

including by removing layers of bureaucracy and strengthening Citi's risk controls and technology systems. She has announced plans to cut 20,000 jobs over the next five years. Managing directors ...

The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.

The vote is non-binding — meaning that Citi's board of directors could ignore it — but it's still a rare slap in the face for the head of a major U.S. company, and the directors say they're ...

Artie Ambrose, Citi's head of treasury and trade solutions operations, will take on an expanded role as services head of operations. Khaliq said that the division's structure would "continue to ...