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Citigroup CEO Jane Fraser has banned video calls on a Friday and launched a 'Citi Reset Day' holiday to relieve stress on staff

"Zoom-Free Fridays" and a "Citi Reset Day" are new ways to help Citigroup staff step away from work…

Kate Duffy   


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Citi names Jane Fraser as its new president and consumer banking chief

"Working together, we have made tremendous progress," Corbat said in the statement. "I remain commi…

Yusuf Khan   


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1 min read

Citigroup's CEO says she is certain that war in Ukraine and the energy crisis will plunge Europe into a recession

War in Ukraine and the energy crisis have left Europe highly vulnerable to economic downturn, Jane …

George Glover   


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A soft landing will be tough to achieve, and inflation has hit lower-income Americans hard, Citi CEO Jane Fraser says

"It's hard to get a soft landing," Citi's CEO Jane Fraser told CNBC on Monday. "We're hopeful, but …

Yuheng Zhan   


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Citigroup just boosted its CEO's pay to $26 million even as it plans to slash thousands of jobs

Citigroup's CEO Jane Fraser is still paid less than other major bank CEOs on Wall Street.

Hannah Getahun   


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4 mins read

Wall Street shatters a glass ceiling as Jane Fraser is announced as Citigroup's new CEO, becoming the first woman to lead a major US bank

Michael Corbat will be replaced by Jane Fraser, currently Citi's president and chief of its consume…

Graham Rapier   


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From an executive shakeup to a $400 million fine: Here's all you need to know about tumultuous times at Citigroup

Third-quarter results beat revenue and profit estimates, but analysts grilled execs about regulator…

Business Insider   


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Citi's regulatory nightmare still haunts CEO Jane Fraser

Citi CEO Jane Fraser was dogged by questions about the bank's longstanding regulatory troubles.

Hayley Cuccinello   


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First Republic's rescue by JPMorgan means the worst of the banking uncertainty is over, Citi CEO says

"This is a case of a small handful of banks that were poorly managed, and getting this addressed is…

George Glover   


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Citigroup to cut 20,000 jobs in big corporate overhaul

Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…

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Citi to cut about 20,000 jobs as it doubles down on its corporate overhaul

Citi will cut about 20,000 jobs over then next three years as part of restructuring plans. The acti…

Jordan Hart   


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There are now more women CEOs of Fortune 500 companies than ever before — but the numbers are still distressingly low

Companies with more gender and ethnic diversity in executive leadership outperform companies that a…

Marguerite Ward   


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Citi shakeup: The banking giant is planning layoffs and a huge overhaul

"It's going to make some of our people very uncomfortable. I am absolutely fine with that," CEO Jan…

Jennifer Sor   


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Jane Fraser hits reset on Citi as the bank preps for virtual internships

The top finance stories for March 24, including the latest news on Wells Fargo's plans to be digita…

Dan DeFrancesco,Jordan Parker…   


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3 mins read

Citi exceeded its 2022 goals to make leadership more diverse. A top exec explains what the firm is focused on next.

Citi's Erika Irish Brown is laser focused new goals the company just released.

Marguerite Ward   


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1 min read

Meet Jane Fraser, the first woman set to helm a major US bank

Jane Fraser addresses Brazil-US Business Council forum in Washington, DC in March 2019.Erin Scott/R…

Taylor Borden   


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4 mins read

We need more women in the C-suite. It won't happen on its own.

Citigroup's Jane Fraser will be the first woman to run a major US bank. Here's how companies can pr…

Shana Lebowitz,May Teng   


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2 mins read

Citi posted record profit in the 1st quarter as SPAC activity led a surge in underwriting fees and stock trading exploded

Shares of Citigroup rose nearly 3% in early trading after the bank beat analyst expectations on rev…

Emily Graffeo   


Tim Buckley   


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PacWest, Western Alliance lead regional bank sell-off of more than 20% a day after Jamie Dimon said the crisis had ended

JPMorgan's Jamie Dimon said a day after his bank bought the assets of failed First Republic that "t…

Morgan Chittum