Citigroup stock price slips after Reuters reports fresh March layoffs, with Fed decision looming
Citigroup shares fell 1.7% to $113.71 Friday after reports of further layoffs targeting senior staff in March, following 1,000 job cuts this month. CFO Mark Mason said headcount will drop to 226,000 by end-2025. Investors watched for signals on interest rates and possible credit-card regulation as the KBW Nasdaq Regional Banking Index slid 3%.