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Citi to cut 20,000 jobs, posts $1 8bln loss in disappointing quarter

Citi to cut 20,000 jobs, posts $1 8bln loss in disappointing quarter
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New yorkUnited statesMark masonLananh nguyenDeepa babingtonJanney montgomery scottJane fraserChris marinacManya sainiChibuike oguhSriraj kalluvilaOctavio marenziTatiana bautzerWells fargoChief financial officer mark masonJanney montgomery

Citigroup to cut 20,000 jobs, posts $1 8 billion loss in disappointing quarter

The lender will reduce its global workforce of 239,000 by 20,000 - or roughly 8% of staff

United statesNew yorkMark masonJanney montgomery scottJane fraserOctavio marenziChris marinacWells fargoChief financial officer mark masonJanney montgomery

Citigroup to cut 20,000 jobs over next two years after disappointing quarter

Citigroup s Q4 loss of $1.8bn driven by one-off charges; underlying business shows resilience

United statesOctavio marenziMark masonChris marinacJane fraserJanney montgomery scottWells fargoGetty imagesChief financial officer mark masonJanney montgomery

Flagging loan margins, one-off charges drag down profit at major US banks

Flagging loan margins, one-off charges drag down profit at major US banks
gazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazette.com Daily Mail and Mail on Sunday newspapers.

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Citi to cut 20,000 jobs through 2026, swings to $1 8 billion loss

Citi to cut 20,000 jobs through 2026, swings to $1 8 billion loss
gazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazette.com Daily Mail and Mail on Sunday newspapers.

United statesNew yorkMark masonLananh nguyenSriraj kalluvilaManya sainiDeepa babingtonOctavio marenziJane fraserJanney montgomery scottChibuike oguhChris marinacTatiana bautzerWells fargoChief financial officer mark masonJanney montgomery