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Thursday, Apr 16, 2026

Citigroup Cuts 2,000 Banking, Trading Jobs

Citigroup Inc. is cutting about 2,000 more investment banking and trading jobs, a person briefed with the matter said, as the largest U.S. bank moves to lower costs after subprime mortgage and credit problems led to a record quarterly loss.

*For more on this story,

read the full Reuters article.

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