Citigroup paid top executives smaller bonuses last year tied to results of the bank's turnaround and risk management fixes ...

Citigroup CEO Jane Fraser makes a point of keeping some flexible working rules that emerged from the pandemic. Five years ...

In January, CEO Jane Fraser lowered a key profitability target, partly because the bank had to allocate more funds toward its “transformation” plan, which aims to overhaul operations and ...

However, when Jane Fraser took over as CEO in 2021, she moved quickly. Fraser immediately chose to divest 14 of the bank's international consumer banking divisions, which were a drag on capital ...

The Revlon incident led to the resignation of then-CEO Michael Corbat. Jane Fraser, who took over, has said fixing regulatory controls and managing risks is her “top priority,” but Citi still ...

Citi said the near miss highlights the need to strengthen its own risk controls and automate more of its processes, in line with plans set out by Jane Fraser, its chief executive, in 2022.

Citigroup, whose CEO Jane Fraser was the first woman to lead a major Wall Street bank, last week dropped a requirement for a diverse slate of candidates for job interviews. Bank of America also ...

At Citigroup (C), CEO Jane Fraser announced last week in a memo to company employees that the New York banking giant would no longer require new hires to be selected from a diverse set of job ...

Citigroup Inc. Chief Executive Officer Jane Fraser recently scrapped the company’s DEI goals, citing a Trump executive order banning “illegal DEI” policies by federal contractors ...

At Citigroup (C), CEO Jane Fraser announced last week in a memo to company employees that the New York banking giant would no longer require new hires to be selected from a diverse set of job ...

Those changes mirror similar moves at Citi, announced last week by CEO Jane Fraser. Bank of America CEO Brian Moynihan was asked Tuesday whether the bank has a DEI policy, amid recent backlash ...