American multinational investment banker Citigroup Inc. is laying off hundreds of employees across the firm, Bloomberg reported citing people familiar with the matter. The report added that the Wall Street giant s investment banking division is among those affected. aaa
Citigroup Inc reported a 21% fall in quarterly profit on Friday, missing forecasts, as the bank increased provisions to prepare for a worsening economy and investment banking revenue declined due to
Citigroup Inc beat estimates for third-quarter profit on Friday as its lending business benefited from a series of interest rate hikes by the Federal Reserve and offset weakness in other divisions