Citigroup said on Wednesday it has promoted 276 employees to managing director roles in 2025, the smallest class in five years.
Do C's sweeping exits, leaner operations and rising NII guidance set the stage for stronger upside than PNC's expansion push? Let us find out.
Citigroup's CFO shift to Gonzalo Luchetti and a sweeping U.S. consumer revamp signal a bold reset aimed at boosting returns and sharpening growth.
Citi announced changes to its leadership team and structure as it works to continue increasing its shareholder returns. Mark Mason will transition out of the role of chief financial officer in March 2026, according to a Thursday (Nov. 20) press release.
Mason, who has been the company's CFO since 2019, will become executive vice chair and senior executive advisor to chair and CEO Jane Fraser.
Citi is reorganizing its U.S. personal banking business, including making its consumer cards business a standalone unit.
Will C's mixed October card metrics reshape its asset quality as delinquencies edge up, but charge-offs improve year over year? Let us discuss.
BILL Holdings, Inc. ( BILL ) Citi's 14th Annual FinTech Conference November 18, 2025 10:30 AM EST Company Participants Rohini Jain - Chief Financial Officer Conference Call Participants Bryan Keane - Citigroup Inc., Research Division Presentation Bryan Keane Citigroup Inc., Research Division [Audio Gap] fintech practice here at Citi, and we're excited to have Rohini Jain, who's the CEO at BILL to go through the latest and greatest at BILL. Question-and-Answer Session Bryan Keane Citigroup Inc., Research Division So with that, Rohini, maybe you could first -- before you dive into the business, you're obviously relatively new as the CFO.
C secures the Kremlin's approval to sell its Russia unit to Renaissance Capital, speeding its long-planned exit from the market.
Citigroup is upgraded to Hold from Sell as tangible book value growth and RoTCE improvements show visible progress, despite ongoing structural challenges. C's Q3 RoTCE improved to 9.7%, and revenue growth was strong across all business units, but the efficiency ratio remains elevated versus peers. Valuation has rerated ahead of fundamentals, with share price gains partly driven by tangible book value growth and share repurchases.
Citigroup CEO Jane Fraser speaks to Bloomberg's Stephen Engle about Citi's growing presence in China, the current state of the US economy, and her views on how to deploy AI in the financial sector. -------- More on Bloomberg Television and Markets Like this video?
Citigroup continues its turnaround, with solid revenue growth across all segments and strong operating efficiency driving profitability. C reported Q3 revenues up 9% YoY, beating expectations by $907M, showing major outperformance in the quarter. EPS rose 23% YoY, ROE and ROTCE improved, and capital returns to shareholders reached $6.1B, highlighting robust financial performance.