Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings in 15 years Friday. CEO Jane Fraser — who announced a sweeping ...

Citigroup and J.P. Morgan on Friday each abandoned their July rate-cut expectations after the U.S. May payrolls number came in hotter than widely expected. Citi now expects the Federal Reserve to ...

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Citigroup Inc. ended the second quarter with 239,000 workers globally after shedding 8,000 positions as part of its restructuring plan, the bank said Friday. Some of those job cuts were part of a ...

NEW YORK (AP) — Three of the nation’s biggest banks said Friday that their profits fell last quarter, as JPMorgan Chase, Bank of America, and Citigroup deal with the lingering effects of higher ...

Banking — more than any other sector — is ripe for disruption by artificial intelligence, according to a report out this week from the bank Citi. It finds that over half of banking jobs have high ...