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Results for "Jane Fraser"

20 stories found

FinanceFT1mo ago

Jane Fraser's Restructuring of Citigroup

Citigroup CEO Jane Fraser is undertaking a significant remake of the bank, involving asset sales, job cuts, controversial new hires, and cultivating a closer relationship with Donald Trump, in an effort to restore the bank's prominence.

Bank Executives Discuss AI's Impact on Workforces
TechnologyBusiness Insider3mo ago

Bank Executives Discuss AI's Impact on Workforces

Wall Street CEOs like Jamie Dimon, Jane Fraser, and David Solomon have shared their views on how AI is transforming their workforces, with some predicting job cuts and others foreseeing new employment opportunities.

Worldbloomberg3mo ago

Business Leaders to Join Trump for Summit with Xi

Blackstone CEO Stephen Schwarzman and Citi CEO Jane Fraser are expected to join Donald Trump for a summit with Chinese President Xi Jinping. The meeting will bring together prominent figures from business and politics.

Citi Bets on Costly Hiring Spree to Boost Banking Unit
FinanceBusiness Insider4mo ago

Citi Bets on Costly Hiring Spree to Boost Banking Unit

Citi's banking unit reported a 20% increase in operating costs, primarily driven by higher compensation and headcount from a recent hiring spree. CEO Jane Fraser and CFO Gonzalo Luchetti express confidence that these investments will ultimately pay off.

Citi CEO States AI Will Transform Jobs, Create New Roles
BusinessTimes of India1mo ago

Citi CEO States AI Will Transform Jobs, Create New Roles

Citi CEO Jane Fraser acknowledged that artificial intelligence will change the nature of jobs and create new ones, as the bank navigates integrating AI into its business models for revenue growth and adapting to its impact on the workforce.