Jane Fraser
Citi profit drops as costs rise for employee severance, deposit insurance
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By Manya Saini and Tatiana Bautzer (Reuters) -Citigroup’s profit fell in the first quarter as it spent more on severance payments for ...
3 Incredibly Cheap Bank Stocks to Buy Now
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The market has rallied impressively over the past several months, with the S&P 500 index reaching all-time highs that confirm a new ...
Warren Buffett Tells Citi CEO to Continue Overhaul, Reuters Says
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(Bloomberg) — Citigroup Inc. Chief Executive Officer Jane Fraser said billionaire investor Warren Buffett had urged her to continue with the bank’s ...
Citigroup discloses billions in one-time charges and reserves ahead of earnings report Friday
Business
Citigroup (C) is in the middle of a complicated restructuring. It made it clear Wednesday that its fourth quarter earnings report Friday ...
Wall Street CEOs are sounding even more somber about the near future
Business
Some of Wall Street’s top executives were cautious about the direction of the economy when they released their third-quarter earnings results in ...
The new strategy for US banks: Shrink
Business
Citigroup (C) is stripping out five layers of management. US Bancorp (USB) is pledging to shrink its balance sheet so it can ...
