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Citigroup Wields the Knife

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

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NYSE: C

Citigroup Inc.

Market Cap

$104B

Today's Change

(-0.87%) -$0.47

Current Price

$53.62

Price as of May 27, 2022, 4:00 p.m. ET

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

Citigroup (C -0.87%) 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.

Stocks Mentioned

Citigroup Inc.

$53.62 (-0.87%) $0.47

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