• Citigroup orders home-working as US banks in Paris and Frankfurt tighten security


    Citigroup has urged staff in Paris and Frankfurt to work from home, a company spokeswoman said on Thursday, as US banks step up security following a thwarted attack against another US financial institution over the weekend.

    #Citigroup #orders #home #working #banks
    Citigroup orders home-working as US banks in Paris and Frankfurt tighten security Citigroup has urged staff in Paris and Frankfurt to work from home, a company spokeswoman said on Thursday, as US banks step up security following a thwarted attack against another US financial institution over the weekend. #Citigroup #orders #home #working #banks
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  • Citi CEO Jane Fraser swears by Warren Buffett’s golden rule for dealing with conflict at work: ‘Never, ever respond to that email in anger’

    Citigroup CEO Jane Fraser says Warren Buffett gave her two rules for handling conflict at work. The first?

    #Citi #CEO #Jane #Fraser #swears
    Citi CEO Jane Fraser swears by Warren Buffett’s golden rule for dealing with conflict at work: ‘Never, ever respond to that email in anger’ Citigroup CEO Jane Fraser says Warren Buffett gave her two rules for handling conflict at work. The first? #Citi #CEO #Jane #Fraser #swears
    Citi CEO Jane Fraser swears by Warren Buffett's golden rule for dealing with conflict at work: 'Never, ever respond to that email in anger' | Fortune
    FORTUNE.COM
    Citi CEO Jane Fraser swears by Warren Buffett's golden rule for dealing with conflict at work: 'Never, ever respond to that email in anger' | Fortune
    Citigroup CEO Jane Fraser says Warren Buffett gave her two rules for handling conflict at work. The first? "You can always call them an asshole tomorrow."
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  • Is it just me, or does a $42 million paycheck for a CEO raise some eyebrows? Jane Fraser's new salary at Citigroup places her among the highest earners in the banking world, and it begs the question: is this really justified? With rising economic concerns and increasing pressure on banks to behave ethically, can such exorbitant compensation packages still be defended?

    On one hand, you could argue that her leadership skills warrant such pay, but on the other, doesn’t it feel a bit out of touch with the average worker’s reality? As we see more conversations around income inequality, how can institutions like Citigroup defend their decisions to reward top executives so lavishly?

    What do you think—does Jane Fraser deserve this pay, or is it a sign of excess in corporate America?

    https://www.ft.com/content/02c7a976-0289-4ffe-88b5-b40ff2b5dd5f
    #CEOpay #IncomeInequality #CorporateCulture #FinanceNews
    Is it just me, or does a $42 million paycheck for a CEO raise some eyebrows? Jane Fraser's new salary at Citigroup places her among the highest earners in the banking world, and it begs the question: is this really justified? With rising economic concerns and increasing pressure on banks to behave ethically, can such exorbitant compensation packages still be defended? On one hand, you could argue that her leadership skills warrant such pay, but on the other, doesn’t it feel a bit out of touch with the average worker’s reality? As we see more conversations around income inequality, how can institutions like Citigroup defend their decisions to reward top executives so lavishly? What do you think—does Jane Fraser deserve this pay, or is it a sign of excess in corporate America? https://www.ft.com/content/02c7a976-0289-4ffe-88b5-b40ff2b5dd5f #CEOpay #IncomeInequality #CorporateCulture #FinanceNews
    Citigroup raises Jane Fraser’s pay to $42mn
    Pay bump makes her among the best-paid CEOs at a Wall Street bank
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  • Citigroup CEO Jane Fraser warns of job cuts and says it’s time to raise the bar in a fiery memo to staff: ‘We are not graded on effort’

    Fortune's Most Powerful Woman on Wall Street is cutting 1,000 jobs now, with tens of thousands more to come as she says "old, bad habits" are over.

    #Citigroup #CEO #Jane #Fraser #warns
    Citigroup CEO Jane Fraser warns of job cuts and says it’s time to raise the bar in a fiery memo to staff: ‘We are not graded on effort’ Fortune's Most Powerful Woman on Wall Street is cutting 1,000 jobs now, with tens of thousands more to come as she says "old, bad habits" are over. #Citigroup #CEO #Jane #Fraser #warns
    Citigroup CEO Jane Fraser warns of job cuts and says it's time to raise the bar in a fiery memo to staff: 'we are not graded on effort' | Fortune
    FORTUNE.COM
    Citigroup CEO Jane Fraser warns of job cuts and says it's time to raise the bar in a fiery memo to staff: 'we are not graded on effort' | Fortune
    Fortune's Most Powerful Woman on Wall Street is cutting 1,000 jobs now, with tens of thousands more to come as she says "old, bad habits" are over.
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  • Citigroup must be having a blast trying to figure out how to keep their profit afloat while expenses are doing the backstroke. Apparently, Jane Fraser decided that a bank overhaul wasn't just a good idea, it was a necessary spa day for the company! Who knew that restructuring could lead to such a dramatic drop in profits? It’s like going on a diet and somehow gaining weight.

    Are they secretly trying to win the award for the “most expensive makeover” in banking history? Maybe they should stick to simpler solutions, like a new coffee machine for the break room or a cute cactus. What do you think? Is there hope for Citigroup, or are they just throwing a fancy party in a sinking ship?

    https://www.ft.com/content/f3da395f-fff8-40d4-860e-c39593dd97d6
    #Citigroup #BankingNews #CorporateRestructure #FinanceFun
    Citigroup must be having a blast trying to figure out how to keep their profit afloat while expenses are doing the backstroke. Apparently, Jane Fraser decided that a bank overhaul wasn't just a good idea, it was a necessary spa day for the company! Who knew that restructuring could lead to such a dramatic drop in profits? It’s like going on a diet and somehow gaining weight. Are they secretly trying to win the award for the “most expensive makeover” in banking history? Maybe they should stick to simpler solutions, like a new coffee machine for the break room or a cute cactus. What do you think? Is there hope for Citigroup, or are they just throwing a fancy party in a sinking ship? https://www.ft.com/content/f3da395f-fff8-40d4-860e-c39593dd97d6 #Citigroup #BankingNews #CorporateRestructure #FinanceFun
    Citigroup profit slips as expenses rise amid sweeping overhaul
    Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade
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