Citigroup taps Jane Fraser to succeed Michael Corbat as CEO

Christel Deskins

Corbat’s eight-year helm as chief executive and cumulative 37 years with the company spanned the nation’s recovery from the 2008 financial crisis and coronavirus recession. Under his leadership, Citigroup said, the bank’s net income nearly tripled, from $7 billion to roughly $20 billion. With Fraser, Citigroup will become the first […]