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A Citigroup office is seen at Canary Wharf in London.

Citigroup slammed with record $57 million fine for inaccurate reporting

Citi "failed to meet the standards of governance and oversight of regulatory reporting" expected of an important bank, said Sam Woods, CEO of the PRA.
Jane Fraser will succeed Stephen Bird as Citi's president.

Citi names Jane Fraser as its new president and consumer banking chief

Citi CEO Michael Corbat said Fraser's appointment would help ensure the bank succeeds in the "next decade and beyond."
Saudi Crown Prince Mohammed bin Salman (C) looks on next to Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum (R) during the Future Investment Initiative FII conference in the Saudi capital Riyadh on October 24, 2018.

A year after Jamal Khashoggi’s murder in Saudi Arabia, the US seems to be returning to business as usual there

The world's business elite are expected to attend Saudi Arabia's annual investment conference, "Davos in the Desert," a year after the brutal killing of writer Jamal Khashoggi.
Almost all of Citi's credit cards will be losing travel benefits like lost baggage protection. (Author not pictured.)

Citi is removing some of its most valuable benefits in September. Here’s how I’ll be adjusting my credit card strategy

On September 22, Citi is cutting many travel and purchase protections from its credit cards. Its Costco cards will retain some perks.

PRESENTING POWER BROKERS OF FINANCE: How to get hired at Goldman Sachs, Citi, BlackRock, and other top companies

We asked the HR heads at top finance firms like Bank of America, Citi, and Morgan Stanley how to win a spot there — and how to succeed once you do.

WATCH LIVE — IGNITION: Transforming Finance livestream from the New York Stock Exchange on June 10

Hear from top execs from Goldman Sachs, J.P. Morgan, Citi, BNY Mellon, Barclays, and Morgan Stanley as they talk industry transformation on June 10.

Special offer to attend IGNITION: Transforming Finance at the New York Stock Exchange on June 10!

Join top execs from Goldman Sachs, JP Morgan, Citi, BNY Mellon, Barclays, and Morgan Stanley as they talk finance industry transformation at the NYSE.
Michael Corbat, CEO of Citigroup, speaks at the Milken Institute's 21st Global Conference in Beverly Hills, California, U.S. April 30, 2018. REUTERS/Lucy Nicholson

Citi beats, but equity trading misses the mark

Citigroup on Monday is announcing earnings results from the first quarter.

Citigroup’s CEO says the biggest threat to the US economy is ‘our ability to talk ourselves into the next recession’

Could focusing on the risk of a downturn ultimately lead to one? The chief executive of one of the largest US banks thinks so.

A major overhaul is underway at Citi’s highest ranks as bank president Jamie Forese announces his retirement

Citi President Jamie Forese is retiring, and other execs are either leaving or taking on new roles, according to a memo from CEO Michael Corbat.