Citigroup names new CFO as part of business overhaul
Head of the Wall Street lender’s US retail bank will become its chief financial officer in March
Head of the Wall Street lender’s US retail bank will become its chief financial officer in March

Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade

Employees will be paid directly for generating business instead of sharing revenue between the group’s units

Revised goals involve net revenue and value of assets clients entrust to Citi as business has lagged Wall Street peers

Germany’s largest lender is set to unveil its latest strategy. A former Morgan Stanley banker will be in charge of implementing it

Ida Liu to join Europe’s largest lender as head of its global private bank

Shares in Wall Street bank fall 3% in pre-market trading