Citi
Citigroup increases bonuses for top UK investment bankers to $680k
The Wall Street bank has hiked average payouts for its material risk takers in the UK after improved revenue
JPMorgan, Wells Fargo and Citi lead race for AI talent as job numbers swell
AI recruitment has increased 13% over the past six months as banks have cut employees
2 min read
Can Trump’s tariffs help European banks steal a march over Wall Street rivals?
Three takeaways from bank earnings
5 min read
Citigroup dealmakers post 14% fee rise as traders beat expectations
The US bank has notched a bigger rise than its rivals, as M&A fees jumped 84%
2 min read
If Jane Fraser’s investment bank overhaul is a disaster, why is Citi doing so well?
The Wall Street bank’s fourth quarter results suggest the Citi CEO’s plan is succeeding
4 min read
Citi’s stock is talk of Wall Street as analysts scrutinise CEO Fraser’s performance
The bank’s fourth-quarter earnings are due on 15 January, a chance for the chief executive and her team to update investors on their turnaround effort
3 min read
Citi poaches Goldman Sachs executive for wealth business
Anne McCosker joins as head of lending for Wall Street bank’s wealth arm in growth push
2 min read
Wall Street execs caution on dealmaking rebound even as investment banking fuels profit rise
A surge in debt capital markets activity has pushed dealmaking fees up, but it may not last
4 min read
Citi to sell trust unit to JTC as bank aims to simplify, cut costs
Citi sells trust unit to Jersey-based JTC
3 min read
Citigroup hires JPMorgan’s Punshi for financial sponsors
The banking giant has been bolstering its senior dealmaking team covering private equity clients in Europe in recent months
2 min read
Banks eye $170bn profit boost from AI adoption
Banks are rushing to adopt AI technology
2 min read
Turning a vault into a bomb shelter: How Citigroup has kept its bank running inside Ukraine
Two years into the war, Citigroup is the only US bank around, navigating a sometimes treacherous landscape
Citi reaches $100m money laundering settlement
Agreement is for far less than what other big banks have paid to settle money laundering probes in recent years
Citi hires private equity MD from UBS
Wall Street bank adds to European team working with sponsors, sovereign wealth clients and hedge funds
Citi’s European head: prepare for a hard Brexit
James Cowles tells staff that he aims to limit impact on employees and that London will remain the bank’s Emea HQ
Hague joins Citi in advisory role
Former foreign secretary follows in the footsteps of ex-Bank of England governor Mervyn King in taking an advisory role at the US bank
1 min read
Citi and Rothschild win big from Essilor-Luxottica tie-up
The deal is the largest purely European M&A transaction since AB InBev agreed to buy SABMiller
1 min read