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Citi Statement on Final Phase of Organizational ... - Citigroup
Mar 25, 2024 · NEW YORK - "Today we shared with our colleagues that we have concluded the major actions that we announced in September 2023 that align Citi’s structure with our simplified operating model.
Citi Aligns Organizational Structure with Its Strategy and Simplifies ...
Sep 13, 2023 · The new, flatter structure elevates the leaders of Citi’s five businesses and eliminates management layers, which will speed up decision making, drive increased accountability and strengthen the focus on clients. Simplifying the organization will also advance the execution of Citi’s Transformation, the firm’s top priority.
Citi Statement on Next Phase of Organizational Changes - Citigroup
Nov 20, 2023 · NEW YORK - “Today we shared with our colleagues the next layer of changes across many of our businesses and functions as we continue to align Citi’s organizational structure with our new, simplified operating model. As we’ve acknowledged, the actions we’re taking to reorganize the firm involve some difficult, consequential decisions ...
Citi Successfully Completes Separation of Consumer, Small and …
Dec 2, 2024 · New York – Citi today announced the successful separation of its institutional banking business in Mexico from its consumer, small and middle market businesses. With this separation complete, effective December 1, Citi will now operate two separate financial groups in Mexico: Grupo Financiero Citi México and Grupo Financiero Banamex.
Fourth Quarter and Full Year 2023 Results and Key Metrics
Jan 12, 2024 · Citigroup’s end-of-period loans were $689 billion at quarter end, up 5% versus the prior-year period, largely reflecting growth in cards in USPB. Citigroup’s end-of-period deposits were approximately $1.3 trillion at quarter end, down (4)% versus the prior-year
Citi Lowers Base Rate - citigroup.com
Citi Lowers Base Rate September 18, 2024 New York — Citibank, N.A. said today it has lowered its base lending rate to 8.0% from 8.5%, effective tomorrow, Thursday, September 19, 2024.
First Quarter 2024 Results and Key Metrics - Citigroup
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Citi and Google Cloud Announce Strategic Agreement to …
Oct 28, 2024 · NEW YORK and SUNNYVALE, Calif., Oct. 28, 2024 – Citi and Google Cloud have joined forces in a strategic, multi-year agreement to support Citi's digital strategy through cloud technology and artificial intelligence (AI).
Congratulations to Our New Managing Directors - citigroup.com
Dec 5, 2024 · In this pivotal year for Citi, our new MDs have demonstrated their commitment to our firm and their teams and showed tremendous resilience. As we completed the most consequential set of changes to how we run the firm in decades, they led with empathy, helping colleagues adjust to new roles, all while taking on new and expanded responsibilities.