Leadership Changes - Mark Mason will transition out of the role of chief financial officer in March 2026, becoming executive vice chair and senior executive adviser to Chair and CEO Jane Fraser [2] - Gonzalo Luchetti will succeed Mason as CFO; he has been with Citi since 2006 and led U.S. Personal Banking since 2021 [3] Performance and Achievements - Under Luchetti's leadership, U.S. Personal Banking achieved 12 consecutive quarters of positive operating leverage and more than doubled its return on tangible common equity (RoTCE) year to date compared to the previous year [4] Business Integration - Citi will integrate its Retail Bank into its Wealth business, consolidating various relationship tiers into a single group led by Kate Luft [5] - The Branded Cards and Retail Services businesses will be combined to form U.S. Consumer Cards, led by Pam Habner, which will become one of Citi's five core businesses [6] Strategic Outlook - CEO Jane Fraser expressed confidence in meeting the 2026 return target, emphasizing the importance of the leadership evolution ahead of the upcoming Investor Day [7] - Citi's restructuring efforts initiated in September 2023 are showing positive results, with record quarterly revenues across all five core businesses in the third quarter [7]

Management Reshuffle - Mark Mason, CFO of Citi, will be succeeded by Gonzalo Luchetti, head of Citi's US consumer bank, by early March 2024, with Mason leaving the bank at the end of next year [1] - Citi is restructuring its US consumer bank, moving its retail banking unit under the wealth division led by Andy Sieg, while the credit card portfolio and retail services will remain a standalone division under Pam Habner [2] Leadership and Legacy - Mason has been with Citi for 25 years and has served as CFO since 2019, and he is of similar age to CEO Jane Fraser, who has recently been appointed as board chair [3] - Fraser acknowledged Mason's contributions in a note to staff, highlighting his role in the bank's transformation and focus on shareholder returns [4] Strategic Changes and Performance - The management reshuffle occurs at a critical time as Citi aims to improve performance and boost stock prices after years of underperformance compared to rivals [5] - Citi faced a $135 million fine last year for slow progress in enhancing its data management and risk infrastructure, stemming from a 2020 consent order [6] - The bank is working towards achieving a return on tangible common equity (ROTCE) target, having posted an 8% ROTCE as of September, down from an earlier target of 11% to 12% [7]

Group 1 - Citigroup's Financial Services Division serves approximately 19,000 clients globally, with a daily trading volume of around $5 trillion, catering to various client types including corporations, institutional investors, and local companies [1] - The division aims to support Chinese enterprises in their overseas financing and cash management needs while providing banking services to Fortune 500 companies and other global institutions entering and developing in China [1] - Citigroup China is one of the first foreign banks to participate in trade facilitation reforms and is a direct participant in the Cross-Border Interbank Payment System (CIPS), assisting multinational corporations and Chinese enterprises with cross-border cash pooling and centralized payment solutions [1] Group 2 - Technology is identified as the core driver of business progress, with traditional financial services rapidly transforming towards 24/7 real-time and instant services [2] - Citigroup invests $1.5 billion annually in technology to support ongoing digitalization, including modernizing existing infrastructure and integrating traditional and digital financial tracks [2]

Citigroup Inc. (NYSE:C) has appointed a new Chief Financial Officer and reshuffled other executive positions as part of a reorganization of its U.S. personal banking business.Reorganization Across DivisionsGonzalo Luchetti, the current head of U.S. personal banking, will take over as CFO in March. Mark Mason, the current CFO, will move into a new role as executive vice chair and senior executive advisor to CEO Jane Fraser. Luchetti has been with Citi since 2006, while Mason joined in 2001 and has served as ...

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. Mark Mason | Citi Mark Mason will step down as CFO of Citi in early March 2026. Mason, who joined the bank in 2001 and became CFO in 2019, will transition to the role of executive vice chair and senior executive adviser to the Chair/CEO. Mason held several senior operational, strategic and financial leadership positions throughout his tenure, including CFO of the Institutional ...

零售银行及Citigold将由美国团队负责其日常银行业务，包括Citi Priority、Citigold、Citigold Private Client并由Kate Luft担任美国零售银行及Citigold的负责人。此举旨在通过实现跨关系层级的更多协同效 应来加速增长，同时统一管理消费者存款业务。 11月20日，花旗集团(C.US)宣布，Gonzalo Luchetti将自2026年3月起担任公司新首席财务官(CFO)。另 外，零售银行和Citigold将纳入花旗的财富管理业务范畴。Luchetti将接替现任CFO Mark Mason，后者将 出任公司的执行副主席、并担任董事长兼CEO Jane Fraser的高级执行顾问。 ...

花旗集团Citi Group周四(11月20日)宣布，Gonzalo Luchetti将自2026年3月起担任公司新首席财务官 (CFO)。另公司指，零售银行和Citigold将纳入花旗的财富管理业务范畴。 Luchetti将接替现任CFO Mark Mason，后者将出任公司的执行副主席、并担任董事长兼CEO Jane Fraser 的高级执行顾问。 零售银行及Citigold将由美国团队负责其日常银行业务，包括Citi Priority、Citigold、 Citigold Private Client，并由Kate Luft担任美国零售银行及Citigold的负责人。此举旨在通过实现跨关系 层级的更多协同效应来加速增长，同时统一管理消费者存款业务。 更多香港上市、美国上市等境外IPO资讯可供搜索、查阅，敬请浏览: www.ryanbencapital.com 来源：瑞恩资本RyanbenCapital 版权声明：所有瑞恩资本Ryanben Capital的原创文章，转载须联系授权，并在文首/文末注明来源、作 者、微信ID，否则瑞恩将向其追究法律责任。部分文章推送时未能与原作者或公众号平台取得联系。 若涉 ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Citi CFO Mark Mason, arguably the highest-profile Black executive at a U.S.-based global systemically important financial institution, will step down from his role in early March, the bank announced Thursday. At that point, Gonzalo Luchetti, now the bank’s head of U.S. personal banking, will become CFO. Mason, meanwhile, will transition to executive vice chair and se ...

花旗进一步指出，随着特朗普政府逐步为2025年11月中期选举布局，并努力应对国内高利率导致的经济 压力，其政策焦点可能将更多转向压低整体商品价格。报告指出，实现上述目标最可能的路径包括推动 结束俄乌战争;倘若无法达成，华府则可能对OPEC+施加更大外交压力，要求其进一步增产以压低国际 油价。 花旗集团最新发布的研究报告指出，沙特阿拉伯及OPEC+自今年4月以来分阶段解除石油产量限制，市 场供应持续增加，这一趋势与美国总统特朗普长期推动降低能源价格的政策方向一致。在此背景下，花 旗预期全球原油市场在未来数季将维持疲软态势，布兰特原油价格在明年、至少至美国中期选举前，或 将徘徊在每桶60美元左右的水平。 报告分析，高于每桶60美元的价格区间极可能促使OPEC+继续增产，其中沙特阿拉伯料将继续扮演关 键领导角色，以稳定市场供需并避免油价再次大幅攀升。 花旗重申其长期观点认为，布兰特原油价格不太可能持续低于60美元，并指出这一价位亦常被市场视作 买入机会。理由包括：较低油价为美国进一步实施制裁、补充战略石油储备以及促使OPEC+调整产量 提供了更大政策空间，同时从中期来看，过低油价亦不符合美国维持全球能源影响力的战略 ...

格隆汇11月21日｜当地时间11月20日，花旗集团发表声明称，首席财务官Mark Mason将于明年3月卸 任，Gonzalo Luchetti将接替其出任首席财务官。Mason卸任后将担任花旗执行副董事长，并兼任首席执 行官Jane Fraser的高级执行顾问。同时花旗宣布，将把零售银行业务整合至财富管理业务旗下，并组建 一个由Kate Luft领导的新部门。Luft将出任美国零售银行与花旗财富管理的负责人，并向Andy Sieg汇 报。此外，花旗将品牌卡与零售服务业务合并成立美国消费者信用卡业务部，由Pam Habner领导。其将 直接向首席执行官汇报，并加入执行管理团队。 ...