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Citigroup to axe 20,000 jobs after posting £1.8bn Q4 loss

Published by Frank Prenesti on 12th January 2024

(Sharecast News) - US bank Citigroup said it planned to cut 20,000 jobs as it announced a massive $1.8bn quarterly loss, driven largely by charges ranging from currency exposure in Argentina and Russia to contributions towards the cost of regional bank failures last year.

URL: http://www.digitallook.com/dl/news/story/34022652/...

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