Evening Standard

Citi plans to cut about 20,000 jobs as part of global overhaul

Source: PA Archive

Citi has said it is planning to cut about 20,000 jobs over the next two to three years as the bank takes further drastic steps to overhaul the global business.

Chief executive Jane Fraser said the company had a “very disappointing”

You’re reading a preview, subscribe to read more.

More from Evening Standard

Evening Standard3 min read
Queensbury Vs Matchroom 5v5: Fight Card, Start Time And Scoring Explained
The unique Queensbury vs Matchroom 5v5 boxing event takes place in Saudi Arabia this weekend. After the surprise thawing of the previously frosty relationship between top British promoters Frank Warren and Eddie Hearn, both men will seeking ultimate
Evening Standard2 min read
Pets At Home Profits Dip After Weaker Accessories Sales
Pets at Home has revealed a dip in profits as it was affected by short-term availability issues and weak sales of some accessories. The petcare retailer and vet operator nevertheless said it is confident in its growth strategy and is “not threatened”
Evening Standard2 min read
Dakota Fanning Brings A Touch Of Hollywood Glamour To London As She Attends The Watched Screening
Dakota Fanning brought a touch of Hollywood glamour to London on Tuesday night as she walked the red carpet for a special screening of her new film The Watched. The American actress, 30, looked stylish as she posed on the red carpet of the cinematic

Related