1 Mar,2022 | Industry Leaders Magazine, Leadership
Citigroup Inc. said on Monday it had nearly $10 billion in total exposures to Russia at the end of 2021, and that is hurting the New York giant and its investors. Shares of Citi fell 4% Monday morning after the company disclosed in its annual report filing with the...
15 Jul,2021 | Industry Leaders Magazine, Leadership
“Banks will be tested,” cautioned a McKinsey report from March 2020. The economic fallout of the Covid-19 pandemic has toppled the global balance. Times are changing now. America’s banking giants will more than double their second-quarter profits, says Refinitiv....
5 May,2021 | Coaching, Coaching at Work
In this column, we provoke fresh thinking and round up some of the weird, wonderful, quirky, surprising – and shocking – stories out there Self-optimised at BetterUp Coaching has finally achieved recognition from royal quarters, with the appointment of the UK’s Prince...
30 Apr,2021 | Industry Leaders Magazine, Leadership
Standard Chartered Bank posted an 18% increase in first-quarter pre-tax profit at $1.4 billion, topping the analyst forecast of $1.08 billion. The banks also said it will slash its global branch network by half to around 400 to cut expenses. The bank has a huge...
26 Jun,2020 | Black Enterprise Magazine, Business, Uncategorized
Citi has brought on a former Wells Fargo executive as the new leader of its Global Operations and Fraud Prevention team Thursday. Titi Cole, a 27-year industry veteran with a breadth of consumer banking and finance experience, joins Citi from Wells Fargo, where she...