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A soft landing will be tough to achieve, and inflation has hit lower-income Americans hard, Citi CEO Jane Fraser says

"It's hard to get a soft landing," Citi's CEO Jane Fraser told CNBC on Monday. "We're hopeful, but …

Yuheng Zhan   


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9 mins read

Marguerite Ward,Rebecca Ungarino   


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Citigroup's CEO says she is certain that war in Ukraine and the energy crisis will plunge Europe into a recession

War in Ukraine and the energy crisis have left Europe highly vulnerable to economic downturn, Jane …

George Glover   


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3 mins read

Citi exceeded its 2022 goals to make leadership more diverse. A top exec explains what the firm is focused on next.

Citi's Erika Irish Brown is laser focused new goals the company just released.

Marguerite Ward   


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Jane Fraser hits reset on Citi as the bank preps for virtual internships

The top finance stories for March 24, including the latest news on Wells Fargo's plans to be digita…

Dan DeFrancesco,Jordan Parker Erb   


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Citigroup CEO Jane Fraser has banned video calls on a Friday and launched a 'Citi Reset Day' holiday to relieve stress on staff

"Zoom-Free Fridays" and a "Citi Reset Day" are new ways to help Citigroup staff step away from work…

Kate Duffy   


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From an executive shakeup to a $400 million fine: Here's all you need to know about tumultuous times at Citigroup

Third-quarter results beat revenue and profit estimates, but analysts grilled execs about regulator…

Business Insider   


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4 mins read

We need more women in the C-suite. It won't happen on its own.

Citigroup's Jane Fraser will be the first woman to run a major US bank. Here's how companies can pr…

Shana Lebowitz,May Teng   


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1 min read

Meet Jane Fraser, the first woman set to helm a major US bank

Jane Fraser addresses Brazil-US Business Council forum in Washington, DC in March 2019.Erin Scott/R…

Taylor Borden   


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Citi names Jane Fraser as its new president and consumer banking chief

"Working together, we have made tremendous progress," Corbat said in the statement. "I remain commi…

Yusuf Khan   


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4 mins read

Wall Street shatters a glass ceiling as Jane Fraser is announced as Citigroup's new CEO, becoming the first woman to lead a major US bank

Michael Corbat will be replaced by Jane Fraser, currently Citi's president and chief of its consume…

Graham Rapier   


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2 mins read

Read the email CEO Jamie Dimon sent to JPMorgan employees after the assassination attempt on Trump

The JPMorgan CEO's email to staff urged taking a united stance against violence and encouraged cons…

Ana Altchek   


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Donald Trump is dangling tax cuts and less red tape to win over top CEOs

Apple's Tim Cook and JPMorgan boss Jamie Dimon were both seen at a DC event where Donald Trump spok…

George Glover   


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Insider Today: Trump survives shooting

In this Sunday edition of Insider Today, we're talking about AI price-gouging and San Diego's new a…

Matt Turner   


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Citigroup just boosted its CEO's pay to $26 million even as it plans to slash thousands of jobs

Citigroup's CEO Jane Fraser is still paid less than other major bank CEOs on Wall Street.

Hannah Getahun   


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3 mins read

Don't ignore threats like inflation, recession, and war, warn Wall Street's biggest bosses

JPMorgan's Jamie Dimon, Goldman's David Solomon, and Citi's Jane Fraser caution that the economy s…

Theron Mohamed   


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2 mins read

Stock market today: US stocks end mostly higher as multi-day rally pushes on

The Dow continued its winning streak for a fifth straight session. Fed President Neel Kashkari gave…

Filip De Mott   


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S&P 500 is at risk of crashing 44% — and selling early could pay off, says elite forecaster

It paid off nicely to dump stocks nearly a year before the dot-com and housing bubbles burst, B. Ri…

Theron Mohamed   


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Citi to cut about 20,000 jobs as it doubles down on its corporate overhaul

Citi will cut about 20,000 jobs over then next three years as part of restructuring plans. The acti…

Jordan Hart   


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Citigroup to cut 20,000 jobs in big corporate overhaul

Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…