Tag Archives: Citigroup

Citigroup whistleblower is not entitled to a share of a $400 million fine, court rules

August 06, 2024 Citigroup whistleblower is not entitled to a share of a $400 million fine, court rules Miller sued under the federal False Claims Act, which lets whistleblowers sue on behalf of the government and share in recoveries, typically 15% to 30%. BY Reuters A federal appeals court on Tuesday said a Citigroup vice president … Continue reading Citigroup whistleblower is not entitled to a share of a $400 million fine, court rules

Citigroup layoffs loom as the financial giant makes some of its most drastic changes in years

  By Christopher Zara November 20, 2023 Layoffs are underway this week at Citigroup as part of a companywide restructuring and simplification plan that was announced by CEO Jane Fraser in September. In a memo to employees on Monday, Fraser said the financial giant’s executive management team has been working with company leaders to implement … Continue reading Citigroup layoffs loom as the financial giant makes some of its most drastic changes in years