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Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaWe’ll always have DubaiThe war of unintended consequencesIran warns it will hit US bases across region hours after president’s apologyIn the centre of the storm: what does the Iran war mean for Dubai?Trump’s war on Iran is spreading. Where does it stop?USUS HomeUS EconomyUS CompaniesUS Politics & PolicyThe war of unintended consequencesIran warns it will hit US bases across region hours after president’s apologyTrump’s war on Iran is spreading. Where does it stop?Donald Trump calls for more US military action in Latin AmericaUS draws up strict new AI guidelines amid Anthropic clashCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportIn the centre of the storm: what does the Iran war mean for Dubai?Is the nightmare scenario for global energy here?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesThe last of Hong Kong’s colonial-era trainee schemesShips in Gulf declare themselves Chinese to dodge attackTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesUS draws up strict new AI guidelines amid Anthropic clashGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnOracle and OpenAI scrap deal to expand flagship Texas data centreIran hits Amazon data centres in jolt to Gulf AI driveMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingIs the nightmare scenario for global energy here?Britain is now the home of the Middle ManInvestors are not ready for a true shockUS faced with few good options to tamp down surging oil pricesOil hits highest level since 2023 as Iran war triggers historic surgeClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersWe’ll always have DubaiThe war of unintended consequencesIs the nightmare scenario for global energy here?Britain is now the home of the Middle ManInvestors are not ready for a true shockLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Are you financially ‘prepped’ for higher inflation?Couples navigate their new money dynamicsWomen in the public eye keep watch as online attacks intensifyLife & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterWe’ll always have DubaiTrump’s war on Iran is spreading. Where does it stop?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesHereditary peer Lord Mancroft: ‘They don’t care about fox hunting. It’s about us’Marinelli: my 15-year quest to ski the biggest face in the AlpsHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InUS companiesCiti’s security unit was meant to probe misconduct. Employees say it protected the bank insteadInternal team staffed by ex-law enforcement ‘operates as HR’s internal hit squad’, former executive saysUS companiesCiti to sell another stake in Mexico’s Banamex ahead of IPOGeneral Atlantic and Blackstone’s funds are among buyers as New York bank marks another step towards exiting businessUS banksSix Wall Street bank chiefs bring in combined pay of $250mn in 2025CEOs each earned more than $40mn as gap with median bank worker set to widen furtherUS banksCiti raises chief executive Jane Fraser’s pay to record $42mnIncrease in remuneration makes her among the best-paid US banking bossesBanksCiti seeks to move harassment claim against top executive to arbitrationBank claims allegations made in lawsuit this week against wealth chief Andy Sieg were ‘fabricated’US companiesFormer Citi executive sues bank over handling of sexual harassment claimsComplaint alleges ‘unrelenting and egregious sexual harassment’ by wealth chief Andy SiegUS companiesCitigroup profit slips as expenses rise amid sweeping overhaulChief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decadeHSBC Holdings PLCHSBC hires ex-Citi executive Ida Liu to lead global private bankIda Liu to join Europe’s largest lender as head of its global private bankUS banksUS regulator loosens some compliance burdens for CitigroupMove may be a sign Wall Street bank has made progress in correcting compliance mis-steps of recent yearsBanksLex. Citi reshuffles deckchairs but investors would rather it made wavesUS bank’s shareholders would prefer progress over processUS companiesCitigroup names new CFO as part of business overhaulHead of the Wall Street lender’s US retail bank will become its chief financial officer in MarchRetail sectorFT Alphaville. Tales from beyond the bubbleHello? Is there anybody in there?European companiesPutin approves sale of Citi’s Russia businessWall Street bank accelerated its move out of the country following Moscow’s full-scale invasion of Ukraine in 2022US companiesCiti probe did not interview women who complained about executive’s conductBank stood by Andy Sieg, a potential successor to CEO Jane Fraser, after investigation by law firm Paul WeissCorporate governanceCEOs don’t call the shotsMuch of their time is spent appeasing and aligning competing forcesAnjli RavalMoney launderingFormer Citi banker jailed over role in Singapore money-laundering scandalCase resulted in city-state tightening regulations around family officesCorporate governanceCiti board names Jane Fraser as chair and awards her $25mn bonusRoles of board leader and CEO will be reunited in move to underscore her leadership amid radical overhaulBitcoinFT Alphaville. Strategy shares will go up if bitcoin goes up and won’t if it doesn’t: CitiSaylor of the CenturyUS banksBanks caution over bubble as they report bumper profitsJPMorgan Chase, Goldman Sachs and Citigroup buoyed by return of dealmakingUS companiesCiti rejects approach for Banamex to focus on IPO of Mexican bankDecision is latest turn in long-running efforts to divest unit that once signified sprawling global ambitionsUS banksMeet the man charged with fixing Citi’s investment bankJPMorgan banker Vis Raghavan was a surprise pick to run Citigroup’s banking unit. A year in, he sits down with the FTUS companiesLex. Citigroup shapes up for race its rivals are already winningBank trades at just below its book value, according to LSEG data, but peers have fared much betterFinancialsCitigroup to sell stake in Mexico’s Banamex for $2.3bnFinancier Fernando Chico Pardo to buy 25% position in lender as Wall Street giant seeks to exit the retail bankInvestment researchAI will disrupt equity research from the bottom upMaybe the pyramid structure of investment banks will start to look more like a diamondRobert BucklandWealth managementCiti to tap BlackRock for top clients’ wealth managementWall Street bank to draw on asset manager’s expertise to oversee $80bn in client assetsHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In

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