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.

The bank unveiled stronger-than-expected results for the fourth quarter, in which revenue rose across all five of its main ...

Goldman Sachs and JPMorgan Chase kicked off banks earnings season with blowout results. Here's what it could mean for hiring ...

Citigroup Inc. C is slated to report fourth-quarter 2024 results on Jan. 15, 2025, before market open. Among Citigroup’s ...

Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other ...

Citi also appointed Jing Li ... says it saved millions from losing jobs 7:48 PM UTC · Updated ago Legalcategory Drake sues longtime label UMG for defamation over Kendrick Lamar's 'Not Like ...

Global banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence (AI) ...

A new report shows that company executives plan to cut 3% of their workforce in the next three to five years because of AI.

Options traders whipsawed by the stock market’s recent gyrations are getting anxious that more bouts of volatility may arrive ...

Citi said in a report in June that AI is likely to displace more jobs across the banking industry than in any other sector.

Economists at Bank of America Corp., Citigroup Inc. and Goldman Sachs Group Inc. pared back their forecasts for additional ...