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...The business is one of the growth areas identified by chief executive Jane Fraser, along with other Wall Street rivals that view wealth management as a way to meet investor appetite for stable, fee-based...
...Citigroup chief executive Jane Fraser is considering a plan to disband the bank’s biggest division in what would be the most significant shake-up of its corporate structure in nearly 15 years, according...
...Citigroup has lifted chief executive Jane Fraser’s pay by 6 per cent in 2023 to $26mn, despite the bank’s profits falling almost 40 per cent amid a sweeping reorganisation....
...“It’s great for Jane,” the banker added. Citi’s banking division reported revenues of $4.6bn for 2023, down 15 per cent from a year earlier....
...But it seems he’s a fan of Citi’s Jane Fraser. Mayo has — cough — history with Citi, but has been bullish for at least a year now....
...In 2021, when Jane Fraser, Citigroup’s chief executive, decided to end its two-decade-long struggle to run Banamex, Mexico’s fourth largest bank, and spin off the lender, she called from New York to ask...
...In today’s newsletter: Jane Fraser asks staff to lean in The royal rug maker under scrutiny The Nomura banker stuck in China Last call aboard the Jane Fraser train Speaking to the bank’s 240,000 employees...
...“With the organisational simplification behind us and a good quarter under our belt, we have started this critical year on the right foot,” said Citi’s chief executive Jane Fraser....
...Virtu and Jane Street did not immediately respond to requests for comment....
Szabolcs Fekete had blamed ‘very small’ coffees and denied that meals had been eaten with his partner
...A separate accuser, referred to pseudonymously as Jane Doe 3, is cited in the documents as claiming she was forced to have sex with Prince Andrew in London and New York, as well as at Epstein’s home in the...
...Commenting on the launch, Jane Sloan, head of global product solutions for Europe, the Middle East and Africa at BlackRock, said: “Our clients’ business models in Europe are rapidly changing — a shift to...
...Fidelity and WisdomTree named the firm as their sole AP, while BlackRock will contract with Jane Street and JPMorgan Securities, Valkyrie with Jane Street and Cantor Fitzgerald and Invesco/Galaxy with JPMorgan...
...Black’s lawyers have sought to cast doubt on the credibility of those accusers, one of whom is a pseudonymous Jane Doe who is said by Wigdor to have Down’s syndrome and autism and the developmental capacities...
...Dimon sat for a seven-hour deposition in May but lawyers for the Jane Doe plaintiff want to talk to him again to ask him about more than 1,500 documents that JPMorgan turned over after the deposition....
...The bank’s lawyers have previously described the USVI suit as “meritless”, and Jane Doe’s complaint as “directed at the wrong party”....
...Chief executive Jane Fraser, who unveiled the restructuring in September, had previously told staffers that the bank expected to be finished with the restructuring and resulting lay-offs by the end of March...
...Citigroup chief executive Jane Fraser has warned the bank’s 240,000 employees it is time to sign up to her overhaul of the group or “get off the train” as she cuts jobs and hacks back the lender’s top-heavy...
...For further reading: ‘Get off the train’: Citi’s Jane Fraser sends tough message on big overhaul Jane Fraser: the woman trying to turn Citi around Citi: Fraser the Razor needs sharper edge in her battle...
...Citigroup unveiled its biggest reorganisation in almost two decades, handing more control to chief executive Jane Fraser, simplifying its management structure and cutting jobs....
...In today’s newsletter: Jane Fraser’s bold hire at Citigroup Private credits hunt for yield Sequoia’s clean-up job Citi bets on one of JPMorgan’s top bankers Investment bankers at JPMorgan Chase sometimes...
...Crunch time is fast approaching for Jane Fraser. Since taking the helm at Citigroup in March 2021, the 56-year-old has cut jobs and ditched retail banking operations in 14 overseas markets....
...The agreement came just hours after a federal judge ruled that the case, originally brought by a single Epstein accuser under the pseudonym Jane Doe, would be widened to include dozens of women who claim...
...Doe’s statements....
...Recruiting Raghavan brings an end to a high-profile HR gambit by Citi’s chief executive Jane Fraser, who left the banking job vacant when she unveiled the company’s new five-division structure in September...
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