Citigroup made $4 billion, up 17% from a year ago, after stripping out the effects of an accounting charge. Citigroup’s investment banking business jumped 31%.
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Bloomberg News is reporting that Citigroup has name Peter Orszag chairman of its expanded financial strategy and solutions group. Citigroup, the third largest U.S. bank, is a member of The Business Council.
Fresh off the addition of 650 local jobs in five years, Citigroup Inc. is looking to fill dozens of new positions based at the Amherst site of the financial services corporation.
The available jobs run the gamut from entry-level to management-level and include positions in operations, technology, finance, compliance, risk management and investment research. The company is also hiring about a dozen summer interns.
Though 50-plus local jobs are listed on Citigroup’s website, a company spokesperson would not provide an exact count of available positions, saying the number fluctuates depending on Citigroup’s current needs.
Last week, Mark Bell, managing director of finance, said the company wants to fill as many as 175 jobs as soon as possible.
Growth, including job creation, is front and center, according to Citigroup spokesman Janis Tarter.
“We continue to look at ways to leverage and grow the site further to help Citi meet its goals and deliver results for clients and for all of our other stakeholders,” Tarter said in an email.