Beth Kowitt is a Bloomberg Opinion columnist covering corporate America. She was previously a senior writer and editor at Fortune Magazine.

The New York-based lender elevated 8,500 employees as part of its year-end process to retain higher-performing staff, bringing the total number of promotions for 2024 to more than 31,000, Citi said on ...

Citigroup CEO Jane Fraser is planning to keep hybrid work—despite JPMorgan Chase and Goldman Sachs's preference for a return ...

The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory ...