Citigroup Surges 45.62% in Trading Volume to Rank 60th Amid Global Restructuring

On June 5, 2025, Citigroup's trading volume reached 11.31 billion, marking a 45.62% increase from the previous day, placing it 60th in the day's market rankings. Citigroup's stock price rose by 0.35%.

Citigroup has announced plans to cut approximately 3,500 technology jobs in China as part of its global restructuring efforts. The job reductions will primarily affect the bank's two major technology centers in Shanghai and Dalian. This move is aimed at simplifying operations and enhancing compliance measures. The bank expects the reductions to be completed by the start of the fourth quarter of this year.