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Citi Exclusive: Inside the New Equity Research Layoffs

Citi is undertaking a major reshuffle in its global operations, which includes laying off about 20 equity researchers in the Asia-Pacific region.

A Citi sign is displayed outside Citigroup Centre near Citibank headquarters in Manhattan in New York City. PHOTO: Mario Tama/Getty Images
A Citi sign is displayed outside Citigroup Centre near Citibank headquarters in Manhattan in New York City. PHOTO: Mario Tama/Getty Images

This move is part of the bank’s extensive restructuring plan and signifies a significant shift in its operational strategy.

In this restructuring effort, two Hong Kong-based researchers are expected to be affected, with

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