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...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...
...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 lifted chief executive Jane Fraser’s pay by 6 per cent in 2023 to $26mn for her work, despite the bank’s profits falling almost 40 per cent amid a reorganisation....
...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....
...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...
...Citi touted the hire as a coup, with chief executive Jane Fraser saying: “Vis is a proven leader and his appointment is another example of our ability to attract the best talent to our firm.”...
...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...
...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....
...“Vis is a proven leader and his appointment is another example of our ability to attract the best talent to our firm,” Citi chief executive Jane Fraser said in a memo to staff on Monday....
...Citigroup unveiled its biggest reorganisation in almost two decades, handing more control to chief executive Jane Fraser, simplifying its management structure and cutting jobs....
...“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....
...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...
...Citigroup has yet to report the pay of its chief executive Jane Fraser. BofA’s investment banking and trading businesses outperformed rivals last year, but its overall profits fell 4 per cent....
...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 boss Jane Fraser wants to make the perennial underperformer more efficient....
...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...
...JPMorgan Chase’s Jamie Dimon, BlackRock’s Larry Fink, Citigroup’s Jane Fraser, Goldman Sachs’ David Solomon, Blackstone’s Stephen Schwarzman and Carlyle’s Harvey Schwartz are among the best-known American...
...And the bank’s CEO, Jane Fraser, has a message to share. [Jane Fraser voice clip] I’m counting on everyone in the firm....
...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...
...The move is part of an ongoing reorganisation that chief executive Jane Fraser announced in September and is expected to result in thousands of layoffs....
...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....
...Jane Fraser, chief executive, admitted that the performance was “very disappointing” but said the bank had made “substantial progress simplifying Citi and executing our strategy” and forecast that 2024 would...
...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...
...At Citi, chief executive Jane Fraser has continued to reiterate the bank’s commitment to its Chinese operations....
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