Ardith Lindsey, a managing director, is accusing the bank of tolerating a culture in which managers sexually harassed her.
Category: Citigroup Inc
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Citigroup Discriminated Against Armenian-Americans, Regulator Says
The bank agreed to pay nearly $26 million to settle claims that its employees denied an immigrant community in Southern California fair access to its credit cards.
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Citi, Falling Behind Peers, Unveils ‘Uncomfortable’ Changes and Layoffs
The bank’s chief executive, Jane Fraser, said the lender had grown bloated and needlessly bureaucratic.
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Travel Rewards Cards: How to Maximize Points, Perks and Miles
The range of perks you can earn is almost as bewildering as the rules to get them are. Here’s how to compare cards and get the most out of the ones you have.
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Citigroup Says Its Predecessors Benefited From Slavery
The bank’s latest historical review, done as part of its racial equity pledge, shows indirect ties rather than direct profits.
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China’s Economy is Slowing, Posing a Challenge for Global Growth
New data published on Monday shows a post-pandemic recovery has not materialized after restrictions were lifted last year.
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JPMorgan, Citigroup and Wells Fargo Report Better-than-Expected Profits
Three of the biggest banks in the United States made a cumulative $22.3 billion in profit last quarter, a hefty jump from the same period last year.
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Calls to Investigate Short Sellers Intensify as Bank Crisis Deepens
Jamie Dimon is the latest to urge action against the traders who have targeted the regional lenders and made huge profits.
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In China, It’s Time to Splurge Again, and the Luxury Industry Is Relieved
The end of pandemic-era restrictions has unleashed a luxury spending rebound in China. Which Western brands are coming out on top?
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Rates on C.D.s Are Soaring, but the High Rates May Not Last
Banks are offering the promotional rates to attract deposits. But given concerns about the economy, it’s unclear how long banks will continue to reward savers.
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Earnings Season Arrives With Recession Fears Front and Center
Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs.