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Citigroup to close distressed-debt desk as bank s overhaul continues: reports

Citigroup Inc. is reportedly closing its distressed-debt business as the latest part of Chief Executive Jane Fraser’s overhaul of the major Wall Street bank.

Jane fraserCitigroup incChief executive jane fraserWall streetArticle normalCommercial bankingBanking creditFinancial servicesInternational banksCorporate strategy planningCorporate fundingFinancing agreementsCapacity facilitiesLabor personnel issuesCorporate actionsCorporate industrial news

Citigroup shutting down municipal bond trading unit: WSJ

Internal memo says business is no longer viable.

Jane fraserAndy mortonPeter babejCitigroup incWall streetChief executive jane fraserArticle normalBanking creditFinancial servicesCapacity facilitiesLabor personnelCorporate industrial newsFacility closuresLay offs redundanciesDebt bond marketsCommodity financial market news

Citi shuts once-envied Muni business

Citi shuts once-envied Muni business
investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.

United statesEdward marshNew yorkWorld trade centerNew jerseyMickey bhatiaMichael corbatAndy mortonGreg abbottJane fraserKen paxtonGeorge friedlanderCiti community capitalSalomon brothersOhare international airportCitigroup inc

Citi offers to pay partial bonuses to encourage departures

Citi offers to pay partial bonuses to encourage departures
investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.

Jane fraserCitigroup incWall streetChief executive jane fraserNew york based

Mortgages and small loans will be more expensive under proposed regulations, bank chiefs say

JPMorgan Chase's Jamie Dimon pushes back against capital rules as bank chiefs testify on Capitol Hill.

United statesSouth carolinaJane fraserTim scottRobin vinceJamie dimonSherrod brownBrian moynihanJames gormanRonald ohanleySenate committee on bankingYork mellon corpJpmorgan chase coAmerica corpCitigroup incGoldman sachs group inc