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Can Citigroup pull off its grand restructuring?
The investment bank’s straight-talking chief executive has a big job on her hands
Plus, the corporate fiasco involving a royal carpet maker and a Nomura banker gets stuck in China
Lender is cutting jobs and hacking back top-heavy management structure
Chief executive sets out new management structure and warns of job losses
A proposed new structure is already the norm at other Wall Street banks
Institutional Clients Group would disappear in most significant shake-up of past 15 years
At least conceptually, much of what we want bosses to do bears fruit only over the long term
Bank is more vulnerable to western sanctions against Moscow than other US lenders
Hopes of becoming top-three investment bank conceded in order to focus on more profitable areas
US lender to exit 13 countries in Asia-Pacific and Europe to close profitability gap with rivals
Billionaire Ricardo Salinas expresses interest in acquiring division as US bank shrinks international consumer business
Newish bank chief is making the right changes but should go further to free up capital
Women who have shaped the year, chosen by our readers
Written by Christine Lagarde, Elizabeth Warren, Malala Yousafzai, Jane Fraser, Greta Thunberg and many more
Transaction marks first phase of US bank’s withdrawal from underperforming regional retail units
Citigroup, Wells Fargo and BofA CEOs among attendees at fiery Senate hearing
Jane Fraser moves to cut costs in retail network soon after taking over as chief executive
Memo says blurring of work and home unsustainable after Goldman complaints go public
We’re counting down our top-10 topics of the year
The first female leader of a major Wall Street bank has always enjoyed ‘playing the game differently’
Her sex should not matter, but her sex matters very much indeed
Incoming chief’s dilemma is whether to stay the course with current bank structure or shake things up
First female leader of a big Wall Street bank will need to bring order to its operations
Jane Fraser’s ascent to the top of Citigroup has been welcomed by industry peers
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