Jonathan Moulds
On June 16, 2025, the Board of Directors (the Board) of Citigroup Inc. (Citigroup) elected Jonathan Moulds as a director of Citigroup and appointed him to the Board’s Risk Management Committee and Transformation Oversight Committee.
Highest-materiality recent filing
Citigroup Q1 net income $5.8B ($3.06 EPS), revenue up 14% YoY
Net income $5.8B ($3.06 diluted EPS) vs $4.1B ($1.96) in Q1 2025, up 42%.
Citigroup establishes 6.250% Noncumulative Preferred Stock, Series II
Filed Certificate of Designations for new preferred stock series with Delaware on Feb 2, 2026.
Citi reports Q4 EPS $1.19 (adjusted $1.81), revenue up 8% ex-Russia item; FY record revenue $85.2B
Net income $2.5B ($1.19 diluted EPS) vs $2.9B ($1.34) in Q4 2024; adjusted net income $3.6B ex-Russia loss.
Citi board approves sale of remaining Russia business, expects ~$1.2B pre-tax loss in Q4 2025
Board approved sale of AO Citibank (Russia operations), to be reported as held-for-sale in Q4 2025.
Citi names Gonzalo Luchetti CFO, integrates retail banking into wealth
Gonzalo Luchetti to become CFO in early March 2026, succeeding Mark Mason.
Citigroup CEO Jane Fraser elected Chair; receives $25M equity award and 1.055M options
Jane Fraser elected Chair of Citi's Board; John Dugan becomes Lead Independent Director.
Citigroup Q3 net income $3.8B ($1.86 EPS) on record revenues of $22.1B, up 9% YoY
Revenue $22.1B (+9% YoY); net income $3.8B vs $3.2B; excluding $714M Banamex goodwill hit, EPS was $2.24.
Citi sells 25% Banamex stake to Chico Pardo; records $726M goodwill impairment
Chico Pardo to buy 25% (520M shares) of Banamex at 0.80x book value; consideration ~MXN 42B (~$2.3B).
Citi Q2 2025 net income $4.0B, EPS $1.96, revenue +8% YoY
Net income $4.0B ($1.96 EPS) vs $3.2B ($1.52 EPS) in Q2 2024; revenue $21.7B +8%.
Citi Fed stress test SCB cut 50bps to 3.6%; dividend to $0.60/share
Indicative Stress Capital Buffer reduced to 3.6% from 4.1%, a 50 bps decrease.
Citigroup Q1 2025 net income $4.1B ($1.96 EPS) on revenue $21.6B, up 21% and 3% YoY
Revenue $21.6B (+3% YoY), net income $4.1B (+21% YoY), EPS $1.96 vs $1.58 prior-year.
Citigroup CEO Jane Fraser awarded $34.5M in 2024 compensation; net income up 37%
CEO Jane Fraser's 2024 total direct comp: $34.5M ($1.5M salary + $33M incentive; 50% in PSUs).
Citi Q4 net income $2.9B ($1.34 EPS); FY 2024 net income $12.7B; board authorizes $20B buyback
Q4 revenues $19.6B (+12% YoY); full-year revenues $81.1B (+3% YoY); record years in Services, Wealth, USPB.
Citi Q3 2024 net income $3.2B, EPS $1.51; revenue +1% YoY, costs -2%
Net income $3.2B ($1.51 diluted EPS) vs $3.5B ($1.63) prior year, down 9%.
Citigroup Q2 net income $3.2B ($1.52 EPS), revenue $20.1B up 4%; dividend raised 6%
Net income $3.2B vs $2.9B YoY; diluted EPS $1.52 vs $1.33; revenue $20.1B (+4% reported, +3% ex-divestitures).
Citigroup and Citibank assessed $135.6M in civil money penalties for regulatory compliance failures
Federal Reserve fines Citigroup $60.6M for inadequate progress on data quality and risk management remediation from 2020 order.
Citigroup SCB requirement drops 20bps to 4.1%; dividend to $0.56
SCB requirement decreases 20 bps to 4.1% effective Oct 1, 2024; final SCB by Aug 31, 2024.
Citigroup Q1 net income $3.4B ($1.58 EPS); revenues ex-divestiture up 3% YoY
Q1 revenue $21.1B (-2% reported; +3% ex-divestiture gain on India consumer sale).
On June 16, 2025, the Board of Directors (the Board) of Citigroup Inc. (Citigroup) elected Jonathan Moulds as a director of Citigroup and appointed him to the Board’s Risk Management Committee and Transformation Oversight Committee.
On February 13, 2025, Nicole Giles was appointed Chief Accounting Officer of Citigroup Inc. (Citi), effective as of February 21, 2025, and Controller of Citi, effective immediately.
Ms. Giles will replace Robert Walsh, who will step down as Citi’s interim Chief Accounting Officer, effective as of February 21, 2025.
On January 31, 2025, the Board of Directors (the Board) of Citigroup Inc. (Citigroup) elected Titilope Cole as a director of Citigroup.
On September 10, 2024, Robert Walsh, age 54, agreed to become interim Chief Accounting Officer of Citi, effective immediately, while a search for a permanent replacement is conducted.
On September 4, 2024, Johnbull Okpara informed Citigroup Inc. (Citi) that he would resign from his position of Chief Accounting Officer and Controller of Citi to pursue another opportunity, effective September 10, 2024.
Also on September 10, 2024, Patrick Scally agreed to become interim Controller of Citi, effective immediately.
Anand Selvakesari will no longer serve as Chief Executive Officer of Personal Banking and Wealth Management (PBWM) of Citi. Mr. Selvakesari will continue in his role as Citi’s Chief Operating Officer, and as a member of Citi’s Executive Management Team, reporting to Citi’s Chief Executive Officer.
Paco Ybarra, who as previously disclosed (see Exhibit 99.1) will retire in the first half of 2024 on a date to be determined, will no longer serve as Chief Executive Officer of the Institutional Clients Group (ICG) of Citi and will cease to be a Citi executive officer (Section 16 insider). Mr. Ybarra will become a Senior Advisor to Citi’s Executive Management Team and will serve in that capacity though his retirement date, reporting to Citi’s Chief Executive Officer.
Peter Babej will no longer serve as Chief Executive Officer of Citi’s Asia Pacific region. Mr. Babej will serve as Citi’s Interim Head of Banking and as a member of Citi’s Executive Management Team, reporting to Citi’s Chief Executive Officer, Jane Fraser, through his retirement effective in the first half of 2024 on a date to be determined.
On August 2, 2023, Paco Ybarra, Chief Executive Officer of the Institutional Clients Group , announced that he plans to retire from Citigroup, Inc., effective in the first half of 2024 on a date to be determined.
Effective as of March 21, 2023, Anand Selvakesari, the Chief Executive Officer of Personal Banking and Wealth Management (PBWM) of Citigroup Inc. (Citi), responsible for Citi’s U.S. Personal Banking and Global Wealth Management businesses, accepted a role as Citi’s Chief Operating Officer.
Max materiality 0.85 · Median 0.50 · Most common event other_material