Citigroup Inc

Citigroup plans to cut approximately 3,500 jobs at its Chinese technology centers as part of a global restructuring effort to simplify and improve risk management.

Citigroup’s stock price has declined following recent developments, including Berkshire Hathaway’s sale of Citigroup shares and Citi’s investment in fintech company CrediLinq.

Citigroup reports strong Q1 earnings, driven by growth in capital markets activities, despite market volatility and tempered analyst expectations for the S&P 500 index.

Citigroup’s stock price has plummeted to $56.69 due to market volatility and global trade tensions, prompting the bank’s advisers to urge clients to remain cautious.

Citigroup’s stock has plummeted 12% in a single day, sparking concerns about market volatility and raising questions about the company’s stability as a beginner stock.

Citigroup has made several announcements, including naming Chris Chung as head of its equity capital markets syndicate, and has redeemed $2.25 billion in notes, amidst a global market experiencing uncertainty due to trade-war chaos and recession concerns.

Citigroup has appointed Chris Chung as head of its North American equity capital markets syndicate, marking a strategic shift that underscores the company’s commitment to growth, innovation, and excellence.

Citigroup’s CEO Jane Fraser is set to receive a 33% pay hike to $34.5 million, reflecting the bank’s 37% surge in net income and strong financial performance.