Jane Fraser News

14.10 / 15:02

Target Ripple JPMorgan Citigroup Citigroup is set to report third-quarter earnings – here’s what the Street expects

Citigroup is scheduled to report third-quarter earnings before the opening bell Friday.

22.09 / 20:47

Blockchain Man CEO Bitcoin Crypto is a ‘decentralized Ponzi scheme’- This CEO has bitter stance

Jamie Dimon, the man at the helm of United States’ largest bank J.P Morgan Chase, made some rather controversial statements at 21 September’s congressional hearing called “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”

22.09 / 18:33

JPMorgan Watch Jamie Dimon and other bank CEOs get grilled by Congress in second day of hearings

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21.09 / 17:47

CEO JPMorgan Chase Bank CEOs to Go Before Congress, With Economy and High Inflation in Focus

WASHINGTON—The heads of seven of the largest U.S. banks are set to face questions from Congress on hot-button issues including money-transfer scams, the state of the U.S. economy and a credit- and debit-card code that identifies when purchases are made at firearms stores.

15.09 / 10:27

COST Progressive Citigroup Why regulators are frustrated with Citi’s slow pace in fixing costly risk issues

Regulators are frustrated with the progress Citigroup has made in the two years since they reprimanded the bank for problems with the systems it has in place to prevent costly mistakes, according to people familiar with the matter.

31.08 / 01:37

Ethereum Adoption Investments Bitcoin UBS raises US recession odds to 60%, but what does this mean for crypto prices?

On Aug. 30, global investment bank UBS increased its view on the risk of the United States entering a recession within one year to 60%, up from 40% in June. According to economist Pierre Lafourcade, the latest data showed a 94% chance of the economy contracting, but added that it "does not morph into a full-blown recession."

15.07 / 21:45

Citi CEO Citigroup Citi CEO Fraser says she’s still hiring dealmakers as banker job cuts loom

Citigroup Chief Executive Jane Fraser said that the US bank would continue to hire senior dealmakers even as the sector eyes cuts after a downturn during the first half of 2022.

15.07 / 15:15

Lowe's CEO Citigroup Citigroup tops profit estimates as bank benefits from rising interest rates, shares pop 3%

Citigroup posted second-quarter results that beat analysts' expectations for profit and revenue as the firm benefited from rising interest rates and strong trading results.

29.05 / 12:45

Citi Digital JPMorgan Citi, Credit Suisse join JPMorgan in warming to digital currencies

At the World Economic Forum in Switzerland, Credit Suisse chairman Axel Lehmann warned against getting left behind as digital assets win over more of the financial world.

27.05 / 18:17

Citi Digital JPMorgan Citi, Credit Suisse join JPMorgan in warming to digital currencies

At the World Economic Forum in Switzerland, Credit Suisse chairman Axel Lehmann warned against getting left behind as digital assets win over more of the financial world.

23.05 / 18:45

Citi CEO Citigroup global economy Watch IMF chief Kristalina Georgieva and Citigroup CEO Jane Fraser discuss the global economy

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17.05 / 15:39

UPS Citi Citigroup stake Citigroup shares jump 5% after Warren Buffett reveals a near $3 billion stake in the struggling bank

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14.04 / 14:33

CEO JPMorgan Citigroup Citigroup is set to report first-quarter earnings — here’s what the Street expects

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31.03 / 21:17

AXY Currency Indices CEO Citigroup Deal Indian Citigroup sells Indian retail arm to Axis Bank in $1.6bn deal

Citigroup is selling its Indian retail banking business to Axis Bank for $1.6bn in CEO Jane Fraser’s latest move to streamline the lender’s operations. It represents the bank’s eighth exit from a business in the Asian-Pacific region.

30.03 / 19:11

AXY Currency Indices CEO Citigroup Deal Indian Citigroup sells Indian retail arm to Axis Bank in $1.6bn deal

08.03 / 18:45

business Blockchain Women Bitcoin Equality If the glass slipper doesn’t fit, smash it: Unraveling the myth of gender equality in crypto

Crypto’s reputation as a boys’ club does not come as a surprise: It sits at the very intersection of tech and finance, perpetuating the legacy of “bro culture” that is coded into Silicon Valley and Wall Street. It was only in 2020 when Citigroup bank appointed the company’s first female CEO, Jane Fraser. This was a milestone in its 200-year long history and in the history of Wall Street itself, having the first woman lead one of the largest Wall Street banks.

03.03 / 19:07

COST Citi Provident Citigroup Citi to give emergency pay and aid to Ukraine staff as many flee to Poland

Citigroup has helped many of its 200 Ukraine-based employees with their evacuation to Poland in the wake of Russia's invasion and continued attacks on the country, Financial News can reveal.

03.03 / 18:53

Target Booking CEO Citigroup Citigroup CEO Jane Fraser sees 'tremendous upside' in stock after tepid Investor Day response

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03.03 / 16:35

Citi Target Strategy Citigroup Citi shifts banking unit toward high-growth sectors in strategy review

Citigroup is gunning for more M&A, will hire more dealmakers in high growth sectors and aims to gain more work from big spending private equity firms, chief executive Jane Fraser said in a sweeping presentation outlining her vision for the bank.

02.03 / 19:37

Citi Target Strategy Citigroup Citi shifts banking unit toward high-growth sectors in strategy review

02.03 / 16:39

Citi Target CEO Citigroup Financial Citigroup releases financial targets at first Investor Day under CEO Jane Fraser

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