Banking giant Citigroup Inc. announced Monday that it plans to trim approximately 50,000 more jobs as it struggles to steady itself after suffering massive losses from deteriorating debt. Continue reading →
Citigroup Inc. lost $5.1 billion during the first quarter and will eliminate about 9,000 more jobs, as it suffered the impacts of poor bets on mortgages and shaky credit markets. Continue reading →
© 1996 - 2014 NewsHour Productions LLC.All Rights Reserved.
Support the kind of journalism done by the NewsHour... Become a member of your local PBS station.