Citigroup has begun the next phase of its previously announced organizational changes.
Today we shared with our colleagues the next layer of changes across many of our businesses and functions as we continue to align Citis organizational structure with our new, simplified operating model, the bank said in a Monday (Nov. 20) press release. As weve acknowledged, the actions were taking to reorganize the firm involve some difficult, consequential decisions, but we believe they are the right steps to align our structure with our strategy and ensure we consistently deliver excellence to our clients.
Leadership changes will be made across businesses and functions, and the specific moves will be announced by leaders to their teams on Monday a…
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