Jane Fraser News

22.08 / 16:13
UPS CEO Strategy Citigroup exit Executive Citigroup’s Fraser weighs executive reshuffle after Ybarra exit
Citigroup Inc. Chief Executive Officer Jane Fraser is weighing an overhaul of the firm’s most powerful committee of decision makers as she seeks to simplify the Wall Street giant. 
21.08 / 12:39
UPS Citigroup Which Wall Street firm could be about to break up high-profit unit?
Citigroup Inc. Chief Executive Jane Fraser is weighing a plan to break up the company’s biggest unit in a restructuring that would give her more power, the Financial Times reported, citing people familiar with the matter. 
13.08 / 18:13
Citi IPO AXY Strategy country India’s appeal as alternative to China rises: Citi’s Khullar
MUMBAI : In a strategic shift, Citi India sold its retail business to Axis Bank and is now focussed on its institutional business and global capability centres (GCCs). By the end of this year, the bank’s GCCs that go beyond just being a back office to its global operations will employ around 30,000 people. In an interview, Citi India chief executive officer Ashu Khullar emphasized that while India is not the only option to counter the world’s dependence on China, it is a credible option, and the bank is seeing growing interest among clients to invest.
14.07 / 21:11
UPS DOW Citigroup UBS week Stock market today: Dow wraps up best week since March as earnings season begins
Investing.com — The Dow closed higher Friday, wrapping up its best weekly gain since March as Wall Street banks lifted the curtain on the quarterly earnings season, with mostly better-than-expected results.
14.07 / 19:31
UPS NASDAQ DOW JPMorgan Citigroup 500 S&P 500 off highs on Citigroup slip as major Wall Street banks kick off earnings
Investing.com — The S&P 500 gave gains Friday as financials were hurt by a slip in Citigroup as the Wall Street bank failed to replicate the better-than-expected quarterly results delivered by rivals JPMorgan and Wells Fargo .
14.07 / 12:47
COST Citi Lowe's CEO Citigroup Citigroup posts better-than-expected earnings and revenue, shares rise
Citigroup shares rose in premarket trading on Friday after the bank reported second-quarter earnings and revenue that topped expectations.
12.07 / 08:09
CEO Citigroup Citigroup CEO Jane Fraser lays out AI plans
Citigroup has been working on AI projects for the past three years, its chief executive Jane Fraser said, as she laid out plans for how the Wall Street bank will embrace the technology.
29.05 / 23:09
Citigroup Top investment banks battle over hybrid working demands: ‘People are just choosing to resign’
When Citigroup asked employees to return to the office three days a week in March 2021, it was the first major bank to set out its stall on hybrid working.
27.03 / 05:49
UPS Twitter FIVE Digital UBS 'The first bank crisis of the Twitter generation': The pressure on banks is very different to 2008
LONDON — Turbulence across the banking sector has prompted the question of whether we are teetering on the edge of another financial crash, 2008-style. But a banking crisis today would look very different to 15 years ago thanks to social media, online banking, and huge shifts in regulation.
24.03 / 11:11
Citi Reuters Citigroup Citi boss Jane Fraser plays down fears of banking crisis
Citigroup chief executive officer Jane Fraser said the US banking system remains in solid shape despite the demise of Silicon Valley Bank and Signature Bank of New York in the past two weeks and a subsequent swoon in bank stocks.
25.02 / 21:03
UPS Citi Citigroup HSBC Trading Places: Citi bolsters tech deals team, HSBC eyes Middle East hires, KKR’s new global PE heads
Citigroup bolstered its European technology team by hiring a new managing director, part of a broader buildout of dealmakers focused on the sector at the Wall Street lender. Davide Russo has joined Citi's technology deals team in Europe, the Middle East and Africa.
24.02 / 16:23
UPS Citi Citigroup HSBC Trading Places: Citi bolsters tech deals team, HSBC eyes Middle East hires, KKR’s new global PE heads
Citigroup bolstered its European technology team by hiring a new managing director, part of a broader buildout of dealmakers focused on the sector at the Wall Street lender. Davide Russo has joined Citi's technology deals team in Europe, the Middle East and Africa.
22.02 / 11:11
UPS Citigroup Citigroup boss Jane Fraser paid $24.5m, inclusive of $3.45m cash bonus
Citigroup Inc. paid Chief Executive Jane Fraser $24.5m for 2022, up 9% from the prior year.
07.12 / 20:09
CEO Citigroup Citigroup CEO Jane Fraser says it is ‘repacing’ dealmaker investments
Citigroup chief executive, Jane Fraser, said the bank is "repacing" investments within its dealmaking unit after expected revenue growth has not emerged.

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