The move is part of a broader modernization effort that Citi CEO Jane Fraser mentioned ... "We're focused on simplifying our operational model, modernizing our infrastructure risk and controls ...

News that a restructuring at Citi would result in the elimination of ... or a harbinger of a different organizational model is unclear. Regardless, companies interested not only in cutting jobs ...

Citi Trends reported lower sales and gross margin in Q2 2024 due to inventory reset. The company plans to close 10-15 stores this year.

Citi will use Google's Vertex AI, a platform that lets users create, train and deploy artificial intelligence models, to develop and roll out generative AI models across the enterprise. Vertex AI can ...