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Citigroup

Citigroup to lay off more employees in March: Sources

The new wave of layoffs is expected to be announced after bonuses are paid, said the sources.
The new wave of layoffs is expected to be announced after bonuses are paid, said the sources.

Citi to cut about 1,000 jobs this week as CEO trims costs

The US banking giant, which had 227,000 employees at the end of September, is culling its ranks as part of a plan to eliminate 20,000 jobs by the end of 2026.
The US banking giant, which had 227,000 employees at the end of September, is culling its ranks as part of a plan to eliminate 20,000 jobs by the end of 2026.

Trump calls for one-year cap on US credit card interest rates at 10%

US President Donald Trump said he would no longer let the American public be 'ripped off' by credit card companies.
US President Donald Trump said he would no longer let the American public be 'ripped off' by credit card companies.

Citi names Lee Lung-Nien as Singapore country head; first local to hold role in 50 years

Mr Lee Lung-Nien Mr Lee will be the first Singaporean to hold Citi's top post in the country in 50 years.
Mr Lee Lung-Nien Mr Lee will be the first Singaporean to hold Citi's top post in the country in 50 years.

Citi to cut 3,500 tech jobs in China as part of global revamp

Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500.
Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500.

Citi to cut up to 200 tech contractor roles in China, sources say

US bank regulators have fined Citi US$136 million for making “insufficient progress” fixing data management issues.
US bank regulators have fined Citi US$136 million for making “insufficient progress” fixing data management issues.

Citibank Singapore’s chief eyes piece of projected $131 trillion pie in new wealth

ST20250415-202582400909-Lim Yaohui-Chor Khieng Yuit-kcciti/

Ms Yeo Wenxian, 48, Citi’s head of wealth for Asia South, and CEO of Citibank Singapore, at Citi Wealth Hub on April 15, 2025.

(ST PHOTO: LIM YAOHUI)
ST20250415-202582400909-Lim Yaohui-Chor Khieng Yuit-kcciti/

Ms Yeo Wenxian, 48, Citi’s head of wealth for Asia South, and CEO of Citibank Singapore, at Citi Wealth Hub on April 15, 2025.

(ST PHOTO: LIM YAOHUI)

Another near miss: Citigroup almost sent $8b to wealth account in copy-paste error

The near-miss happened in April 2024, the same month that another part of the bank accidentally credited US$81 trillion to a different client.
The near-miss happened in April 2024, the same month that another part of the bank accidentally credited US$81 trillion to a different client.

Citigroup accidentally credits client account with $109 trillion instead of $378: FT

The error was missed by two employees and detected by a third 90 minutes after it was posted.
The error was missed by two employees and detected by a third 90 minutes after it was posted.

Mexican leader stresses sovereignty, holds off on retaliatory tariff threats

Mexico's President Claudia Sheinbaum gestures as she speaks about U.S. President Donald Trump's policies during a press conference at the National Palace, in Mexico City, Mexico January 21, 2025. REUTERS/Henry Romero
Mexico's President Claudia Sheinbaum gestures as she speaks about U.S. President Donald Trump's policies during a press conference at the National Palace, in Mexico City, Mexico January 21, 2025. REUTERS/Henry Romero

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.