Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason.

Citigroup swung to a profit in the fourth quarter, fueled by strength in trading and a recovery in dealmaking that drove up ...

The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its ...

Citigroup lands in a familiar place with the gloomiest of the Wall Street forecasts for jobs: it's forecasting 120,000 jobs, the unemployment rate to rise to 4.4% and a 0.2% rise in average hourly ...