JPMorgan Chase posts record annual profit as earnings season gets under way
Citigroup will cut 20,000 jobs by the end of 2026 after enduring a steep loss in the last quarter as it presses ahead with a sweeping restructuring.
While chief executive, Jane Fraser, hailed 2024 as a “turning point” for the American banking group, Mark Mason, its chief financial officer, acknowledged that job cuts are “tough on morale” as he outlined the planned reductions.
More Stories
Bodies recovered from illegal goldmine in South Africa where many feared dead
Italy seeks to protect restaurants and hotels from fake and paid-for reviews
‘Don’t allow you to go to the bathroom’: big tech’s call center workers in Greece on strike