Citigroup: HR News, Trends & Workplace Insights

Latest Citigroup HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Citigroup.

Updated on: Jul 2023
Loading
Citigroup plans to hire 500 people for its new wealth unit
Hiring

Citigroup plans to hire 500 people for its new wealth unit

Investment bank and financial services corporation, Citigroup Inc. is planning to hire nearly 500-person over the next three years. The hiring will be for its new wealth division. As the company is on a hiring spree, Citigroup will be catering to junior employees at private equity offices, consultancies, and accounting firms, betting those clients will […]

Read Story
Loading
Milind Joins Kotak Mahindra Bank as its Chief Technology Officer
Appointments

Milind Joins Kotak Mahindra Bank as its Chief Technology Officer

Kotak Mahindra Bank today announces the appointment of Milind Nagnur as President & Chief Technology Officer (CTO). Milind brings with him more than 20 years of global experience in technology leadership roles predominantly in the banking and Fintech space. He has an extensive background in highly regulated financial industries and managing large-scale portfolios of critical, […]

Read Story
Loading
Citi Commercial Bank launches in Canada; will hire 900 people
Hiring

Citi Commercial Bank launches in Canada; will hire 900 people

Citi has launched Citi Commercial Bank (CCB) in Canada as part of a global expansion announced earlier in 2022. Citi Commercial Bank (CCB) delivers Citi’s wide array of institutional products and solutions to meet the evolving needs of mid-size corporates as they grow rapidly and expand internationally. A division of Citi’s Institutional Clients Group (ICG), […]

Read Story
Loading
Citigroup is hiring 4,000 people, looking for a digital explosion
Hiring

Citigroup is hiring 4,000 people, looking for a digital explosion

Citigroup is planning to hire nearly 4,000 people to join its tech team, the company is trying to digitalize as much of its client experience as possible. Currently, Citigroup employs more than 30,000 software engineers. The employment opportunities at Citigroup will be in the areas of Data specialists as the particular demand across the banking […]

Read Story
Loading
Axis Bank to absorb 3,600 Citi employees post takeover
Industry

Axis Bank to absorb 3,600 Citi employees post takeover

Citibank has announced an agreement to sell its consumer business in India to Axis Bank. The sale includes credit card business, retail banking, wealth management, and consumer credit. Having acquired the loans, credit cards, wealth management and retail businesses of Citibank in India, Axis Bank is now willing to absorb Citi’s 3,600 employees. They will […]

Read Story
Loading
No jab, no job: Citigroup to fire unvaccinated staff this month
Industry

No jab, no job: Citigroup to fire unvaccinated staff this month

Citigroup Inc staff in the United States who have not been vaccinated against COVID-19 by Jan. 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, according to a company memo seen by Reuters on Friday. The U.S. bank announced its plan to impose new […]

Read Story
Loading
Emeritus elevates Ganesh S as Global CHRO
CHRO Move

Emeritus elevates Ganesh S as Global CHRO

Emeritus, a global EdTech Startup has announced the elevation of Ganesh S as Global Chief Human Resource Officer from his most recent role as CHRO. Emeritus is committed to teaching the skills of the future by making high-quality education accessible and affordable to individuals, companies, and governments around the world. It does this by collaborating […]

Read Story
Loading
‘I was wrong’: Omicron wrecks CEOs’ plans for office return
Industry

‘I was wrong’: Omicron wrecks CEOs’ plans for office return

Just as it seemed like corporate America was on a path toward normalcy, a new wave of Covid Omicron uncertainty is upending business plans from Wall Street to Silicon Valley. Manhattan holiday parties are being canceled and banks are contending with fresh outbreaks as the omicron variant spreads. Citigroup Inc. said staffers in the New […]

Read Story
Loading
Citi Group appoints a new Chief Diversity Officer
Appointments

Citi Group appoints a new Chief Diversity Officer

Citi Group appoints Erika Irish Brown as Chief Diversity Officer Citi Group has hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global diversity strategy, the bank said on its website on Friday. Brown joins Citi as its chief diversity, equity and inclusion officer after leading similar efforts at Goldman Sachs since mid-2018. Brown previously worked […]

Read Story
Loading
Citigroup announces ‘Zoom-free Fridays’ to beat WFH stress
Coronavirus

Citigroup announces ‘Zoom-free Fridays’ to beat WFH stress

Citigroup announces ‘Zoom-free Fridays’ to beat WFH stress In a move to combat fatigue triggered by remote working during the Covid-19 pandemic, New York-based bank Citigroup has declared “Zoom-Free Fridays” and encouraged employees to limit calls outside work hours. While Wall Street is known for its tough work culture, the remote working during the pandemic […]

Read Story
Loading
Citigroup slashes CEO’s pay by 21%, to $19 million
Jobs

Citigroup slashes CEO’s pay by 21%, to $19 million

Citigroup slashes CEO’s pay by 21%, to $19 million Citigroup Inc said late on Friday that outgoing Chief Executive Officer Mike Corbat’s compensation for 2020 would be $19 million, a 21% decrease from 2019, according to a regulatory filing. Company directors reduced Corbat’s incentive pay for his failures to efficiently address the risk and control […]

Read Story