New England

News Update

Congrats, contributor: http://www.yaledailynews.com/articles/view/28525

Decree

Citigroup, the ailing US financial giant, shocked the market yesterday by announcing that it would cut 52,000 jobs by the second half of next year. Vikram Pandit, the bank’s under-pressure chief executive, said yesterday that the total number of employees would shrink to about 300,000 by the end of June. Mr Pandit announced the cost-cutting […]