Citigroup has completed its bank-wide reorganization, ending a process that included layoffs. The UK CEO stated the overhaul is finished, and the bank is now focusing on selective hiring. Citic Securities in China has downsized its IPO team as part of an investment banking division overhaul due to market challenges. Job cuts in Citigroup's European investment banking division have primarily affected junior staff.
Recent job cuts in Citigroup’s European investment banking division have largely been limited to junior staff https://t.co/NM0sj1eeSS
Citic Securities, China’s leading brokerage, has downsized its IPO team as part of an overhaul of its investment banking division as the stock market struggles and new listings remain depressed https://t.co/7dGxiZwphQ
Citigroup’s UK CEO says the bank’s management overhaul is over and it’s now ready to “selectively” hire https://t.co/vL45f8jHrP
Citigroup to end sweeping overhaul this week after 5,000 layoffs https://t.co/ESrMCAZ8zO https://t.co/wDd6R4mFWm
⚠️ CITIGROUP SAYS REORGANIZATION HAS CONCLUDED Full Story → https://t.co/KoGKLkXfkC Citigroup said on Monday it has concluded its previously announced bank-wide reorganization. https://t.co/MKQeqsgr6J