Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. Managing directors in the wealth and ...

Southwest Airlines’ stock was falling Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the valuation has risen while earnings quality and free-cash-flow conversion ...

The separation of Citi’s highly profitable, yet scandal-plagued Mexican unit comes as the banking giant prepares for an IPO of its retail banking business in Mexico.

Parsons used that experience to negotiate a way for New York-based Citigroup to avoid the bankruptcy fate of Lehman Brothers Holdings Inc. The government took a financial stake in the bank and in ...

Citigroup Inc and Bank of America Corp said they are leaving a global climate-banking group, becoming the latest Wall Street lenders to exit the coalition in the past month. In a statement, Citigroup ...

Eastman Kodak could file for Chapter 11 bankruptcy protection this month ... is reportedly speaking with J.P. Morgan Chase & Co., Citigroup and Wells Fargo, and is asking for as much as $1 billion ...

US Bankruptcy Judge Allan Gropper in New York gave Kodak permission to borrow an initial 650 million from Citigroup as it embarks on an effort to focus on printers and copiers.