Citi CFO Mark Mason says the bank is strong and his successor will continue the momentum

The longtime finance chief prepares to hand off the CFO role to Gonzalo Luchetti after helping steer Citi through ...

Citi's top execs say a credit card cap would hurt the economy and the bank won't support it

Citi's CFO Mark Mason said Trump's proposed credit card cap would have a 'deleterious' impact on the economy. Mason said Citi ...

Citi CFO Says Credit Card Rate Caps Would Shrink Credit, Hurt Economy

Citigroup stock (NYSE: C) fell on mixed Q4 results, with divestiture losses and rising expenses overshadowing strong revenue.
Banking Dive

BofA joins Citi, Wells in projecting lower headcounts this year

Bank of America CEO Brian Moynihan expects his bank’s workforce to shrink as the lender leans into AI. Citi CEO Jane Fraser, ...

Citi's CEO Jane Fraser warns staff in memo: old habits are out, and performance is in

Citi's CEO pledged to save billions by cutting jobs. A new memo and statements by the bank's top brass shed light on how that ...
Banking Dive

Citi cites $1.2B loss on Russia sale

The bank’s board approved the transfer of its Russia business to Renaissance Capital and will reclassify the assets as “held ...

Cracks Begin to Appear at the Nation’s Biggest Banks

This week, Bank of America, Citi, JPMorgan and Wells Fargo released fraught earnings reports as President Trump’s threatened ...
Forbes

CIT Bank Platinum Savings Promo: Earn Up To $300 Bonus Cash On New Deposits Now

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...