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Feb 21 2025BUSINESS

Big Changes at Citigroup: Diversity Efforts Take a Backseat

Citigroup recently made a significant shift in its approach to diversity, equity, and inclusion (DEI). The bank's CEO announced that it will no longer require a diverse pool of candidates for job interviews. This decision comes at a time when the business landscape is changing under the current poli

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Feb 15 2025FINANCE

Buffett's Big Bank Bet

Buffett's investment firm, Berkshire Hathaway, made some big moves in the last quarter of 2024. They sold off a huge chunk of their shares in two major US banks, Bank of America and Citigroup. This wasn't a small deal. They sold nearly three-quarters of their Citigroup shares, which were worth over

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Dec 28 2024BUSINESS

Remembering Richard Parsons: A Leadership Legend

Richard Parsons, a prominent figure in the world of business, passed away recently at the age of 76. Known for his influential roles at Time Warner and Citigroup, Parsons left a significant mark on corporate America. Diagnosed with multiple myeloma in 2015, he continued to contribute to various boar

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Sep 20 2024BUSINESS

Sky's the Limit: American Airlines' Credit Card Conquest

American Airlines is on the verge of making a major shift in its credit card partnership, potentially dropping Barclays and opting for Citigroup as its exclusive partner. This move would bring an end to a long-standing partnership that dates back to the airline's 2013 acquisition of US Airways. Acco

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