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The Latest Breaking News from Citi

‘Representation matters’: how a bank is supporting students from diverse backgrounds seeking a career in finance

In a bid to create a more diverse and inclusive workforce, Citi has run a number of initiatives including a Black Heritage Insight programme

The Guardian - UK

Ready for a comeback? The hiring scheme targeting workers on a career break

When returning to the workplace after a prolonged break, many professionals are forced to take lower-skilled jobs – but now some employers have started to address the challenge. Two returners tell their stories

The Guardian - UK

Apprenticeships: could this career in finance option work for you?

Citi’s apprentice scheme for school leavers and people in the early stages of their working life offers an alternative way into finance

The Guardian - UK

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Is Citibank's Security Leaving Customers At Risk? AG Launches Lawsuit Over Alleged Negligence

Citibank faces a lawsuit from the NY Attorney General, Letitia James, for alleged negligence in protecting customers from scams, and reimbursing fraud victims.

International Business Times

PaleyFest LA Celebrates ‘Curb,’ ‘Young Sheldon,’ ‘Family Guy,’ Other Standout Shows

Larry David explains why he might not sound like himself

Multichannel News

Charles Schwab (SCHW) Earnings Call: Strategic Moves for Investors

Charles Schwab (SCHW) is navigating through a challenging landscape evident from its grim third quarter results. With the company’s fourth quarter results on the horizon, what strategic move should investors contemplate regarding this stock? Read more to find out….

StockNews.com

Former Citi VP in Chicago charged with elder fraud

Helen Caldwell, whose actions were spotlighted in an Injustice Watch investigation published by the Sun-Times, is charged with bilking $1.5 million by steering elderly banking clients to invest in her side deals producing slasher movies.

Chicago Sun-Times

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US Banks Report Mixed Results, See Consumers As Still Fairly Healthy

Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year's crisis involving midsized lenders.

International Business Times

Citigroup to cut 20,000 jobs after steep quarterly loss

JPMorgan Chase posts record annual profit as earnings season gets under way

The Guardian - US

Banking giant Citi could cut hundreds of London jobs as it aims to reduce headcount by 20,000

It comes as the firm reported a $1.8 billion loss for 2023

Evening Standard

A rare Netflix skeptic on Wall Street says it fails the grandmother test: The winner of the streaming wars will have to do too much to stay on top

Citi's Jason Bazinet downgraded Netflix because of its narrative. "If you can explain a story in two lines to your grandmother, that will get a higher multiple"

Fortune

Frequent American Airlines flyers can earn miles and get lounge access with this premium rewards card

This card comes with a free Admirals Club® membership, which is valued at $850 alone.

Fortune

American Airlines boarding groups: What to know (and how to upgrade)

Wondering how to upgrade your boarding group the next time you travel with American Airlines? Here are four methods to ensure you board more quickly.

Fortune

Will Broadcom Stock Hit $1,200 Per Share Next Year?

Dividend-paying semiconductor stock Broadcom offers steady investment income, plus the prospect of rapid AI growth. Are analysts lowballing this mega-cap chip stock?

Barchart

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Capital & Main

Despite Historic Pay Discrimination Settlement, Little Has Changed for Women on Wall Street

The $215 million deal made headlines, but the industry pay gap persists, along with new cases of sexual harassment.

Top News

Citigroup Entices Departures with Early Partial Bonuses

Citigroup spins a tempting tale, offering a healthy sprinkling of early bonuses. A not-so-subtle nudge for departures? Magic? Nope! Simply business.

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Fortune

Citigroup used a London banker as ‘scapegoat’ in $45m failure—now he wants to return to work for the bank after winning an unfair dismissal lawsuit

Ian Weir was fired by the bank in 2021 but his lawyers argued he was used as a "scapegoat" in a "cleaning house" operation.

Fortune

How to cancel your credit card

The length of your credit history counts for 15% of your credit score so consider how closing your credit card will affect your score.

Kiplinger

Is A Recession Looming? Two Big Bank CEOs See It That Way

Recession is likely, Citi's CEO told a Senate panel today, a sentiment echoed by JP Morgan's chief executive last week.

Fortune

Sen. Robert Menendez, facing bribery charges, stumps bank CEOs by asking how much their firms paid in settlements for allegedly ripping off consumers

The indicted senator expressed staunch support for the CFPB, which is under a legal threat of its own.

Fortune

Members of Navy Federal CU have exclusive access to this lucrative cash back card

Joining Navy Fed gets you access to this card that pays up to 1.75% on all purchases with no limits.

Fortune

Unique 3% cash-back categories for flexible spending

The Bank of America Customized Cash Rewards card offers flexible 3% cash-back categories plus up to 75% more rewards for BofA Preferred Rewards members.

Fortune

TD Cash Credit Card: Cardholders can personalize their spending categories to increase their rewards potential

The TD Cash Credit Card is a $0 annual fee card that allows cardholders to choose a spending category to earn 3% and 2% cash back every quarter.

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