Citigroup’s latest innovation: pay without performance. On Tuesday, the third-largest U.S. bank said that top employees ...

Morgan Stanley, Goldman Sachs, and Bank of America are beginning workforce reductions that affect various parts of their ...

Citi Group CEO Jane Fraser met with Finance Minister Nirmala Sitharaman to discuss Citi's digitalisation initiatives and ...

More than a decade after its 2012 launch, Citi’s experiment has ended with disappointed billionaires, a bitter legal battle ...

Citigroup CEO Jane Fraser makes a point of keeping some flexible working rules that emerged from the pandemic. Five years ...

Citigroup paid top executives smaller bonuses last year tied to results of the bank's turnaround and risk management fixes ...

Senior leaders were paid just 68% of 2024’s target, the bank said in a proxy filing, citing slower progress on regulatory ...

In the third annual installment, the “Transformation Bonus Program” paid out 68% of the target for 2024 to about 250 senior employees, according to a proxy filing Tuesday. That compares with 94% for ...

People with knowledge of dealings between the banks and the administration say that key government decision makers have made ...

Citigroup paid top executives smaller bonuses last year tied to results of the bank's turnaround and risk management fixes ...

A turnaround stock is a struggling company with a strong makeover plan that can pay off for intrepid investors.

As the outlook for stocks grows increasingly uncertain, investors should seek out companies with strong, stable profits and ...