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Citigroup Wields the Knife

Now it's Citigroup's turn to make staffing cuts. Is this good for investors?

By Matt Koppenheffer and David Hanson – Apr 9, 2013 at 6:31PM EST

Citigroup (C +1.07%) looks to be the latest in a string of banks making staffing cuts, as it eliminates the positions of head of securities and banking and head of transaction services. Is this a win for Citigroup investors? In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson debate the ups and downs of these cuts at Citigroup.

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About the Author

Matt Koppenheffer
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.
TMFKopp
X@KoppTheFool

Stocks Mentioned

Citigroup Stock Quote
Citigroup
NYSE: C
$109.85
(+1.09%)+$1.18

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