Citigroup eliminates several leadership roles in sweeping overhaul: report

Citigroup eliminates several leadership roles in sweeping overhaul: report

FILE PHOTO: The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly

Citigroup CEO Jane Fraser held a conference call on Thursday with managing directors to discuss the bank’s sweeping overhaul, according to two sources familiar with the situation, as it eliminated more leadership roles this week.