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Citigroup ( C) was for decades a top underwriter of state and local government debt, making the bank a major financier of roads, bridges, and airports across the US. Now it wants out of that ...
Citigroup CEO Jane Fraser got a 6% pay bump for her performance in 2023, a year the bank's profits dropped 38% and Fraser began a dramatic restructuring that will result in an estimated 20,000 job ...
Another trading mishap in 2014 — unconnected to Citigroup — rattled the Japanese stock market. ... For more CNN news and newsletters create an account at CNN.com. Show comments.
Citicorp (1812–1985) Citibank, (formerly City Bank of New York) was chartered by the State of New York on June 16, 1812, with $2 million (~$43.4 million in 2023) of capital. [12] [13] Serving a group of New York merchants, the bank opened for business on September 14 of that year, [citation needed] and Samuel Osgood was elected as the first ...
The following is a list of chairmen and presidents of what is now Citigroup—the person or persons who were ultimately responsible for the company since its founding in 1812. The company was led by presidents until 1909, when James J. Stillman became the first chairman, holding the highest office in the company.
We have incredibly high ambitions for this bank and, the train, it’s gonna move fast,” Fraser told Citigroup's 240,000 employees during a company-wide call, according to The Financial Times.
Jane Fraser (born 1967) [1] is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004.
September 13, 2023 at 11:07 AM. Citigroup ( C) CEO Jane Fraser is putting her own stamp on the nation’s third-largest bank with a reorganization that she called the "most consequential" change ...