trending Market Intelligence /marketintelligence/en/news-insights/trending/B6H0R0uBV4ac7ULHJxBpUg2 content esgSubNav
In This List

Citigroup expedites 2019 cost-cutting plans

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Citigroup expedites 2019 cost-cutting plans

Citigroup Inc. accelerated its 2019 cost-cutting plans by simplifying its organizational structure and making process improvements, CFO Mark Mason said at an investor conference.

The move was made to realize the benefits of those initiatives sooner in 2019, the executive said, according to a transcript.

Mason expects Citi's first-quarter revenue from fixed-income and equities to decrease year over year by high-single-digit percentage.