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Top related persons:
Jane Fraser - 2 Kristine Braden - 2 Kevin Coombs - 1 James Bardick - 1 we’re - 1 Bardick - 1 Fraser - 1 Braden - 1
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Canary BRITAIN Britain North Ireland North America London Belfast Citibank Europe
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Citi - 2 Citigroup - 1 Staff - 1 REUTERS - 1 Citi Country - 1 Bankers - 1 U.S - 1 London Consultation - 1

Search resuls for: "Citibank Europe"


2 mentions found


☆ Citi warns UK staff of cuts as hundreds of roles could be affected - memo
  + stars: | 2023-09-22 | by ( Anousha | ) www.reuters.com   time to read: +3 min
FILE PHOTO: Staff enter the Citigroup building in London's financial district of Canary Wharf November 18, 2008. “We anticipate that the reviews may lead to a reduction in roles in some parts of the business, and changes to some other roles. In some cases, colleagues may be placed at risk of redundancy,” James Bardick, UK Citi Country Officer, told employees in the memo seen by Reuters. Technology staff working on overlapping functions were also at risk of being laid off, Reuters reported. Kristine Braden, CEO of Citibank Europe, is leaving the company after 25 years as part the organisational change, according to an internal memo seen by Reuters.
Persons: Kevin Coombs, James Bardick, we’re, Jane Fraser, Bardick, Fraser, Kristine Braden Organizations: Citigroup, Reuters, Staff, REUTERS, Citi Country, Citi, Bankers, U.S, London Consultation, United States Citi, Technology, Citibank Locations: Canary, BRITAIN, Britain, North Ireland, North America, London, Belfast, Citibank Europe
☆ Citigroup's Europe unit CEO Braden to leave after 25 years, source says
  + stars: | 2023-09-15 | by ( Anousha Sakoui Andres Gonzalez | Anousha Sakoui | Andres Gonzalez | ) www.reuters.com   time to read: +1 min
LONDON, Sept 15 (Reuters) - Kristine Braden, CEO of Citigroup's main operations in continental Europe, is leaving the firm after 25 years as part of a wider organisational change announced by the U.S. bank earlier this week, according to an internal memo seen by Reuters. Braden was CEO of Citibank Europe and previously held a number of senior roles, including leading the Citigroup Global Markets Europe AG unit. The Wall Street firm this week announced a broad reorganization including stripping out a layer of management and cutting jobs to give CEO Jane Fraser more direct control as she seeks to simplify the structure and give a boost to the stock. Following the announcement of the reorganization, Citi managers are already convening discussions with employees about potential layoffs, which will most likely affect support staff in compliance and risk management, a source familiar with the situation told Reuters on Thursday. Reporting by Anousha Sakoui and Andres Gonzalez Editing by Elisa Martinuzzi, Dhara Ranasinghe and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons: Kristine Braden, Braden, Braden couldn't, Jane Fraser, Anousha Sakoui, Andres Gonzalez, Elisa Martinuzzi, Dhara Ranasinghe, Mark Potter Organizations: Reuters, Citibank Europe, Citigroup Global, Citi, Thomson Locations: Europe, U.S
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