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Jane Fraser Rises to Citi CEO, Faces Challenges and Deadlines Related Stories March 16, 2021 February 16, 2021 February 2, 2021 Jane Fraser’s early career advising financial firms on tough problems is about to come in handy atop Citigroup Inc. Jane Fraser Fraser faces a slew of challenges — and several looming deadlines — as she becomes chief executive officer of the third-largest U.S. bank on Monday. Her to-do list includes overhauling controls to satisfy regulators, reshaping operations around the globe, meeting environmental and workforce-diversity goals and guiding the firm out of ...

Citigroup is one of the world's largest lenders to the fossil fuel industry, but CEO Jane Fraser vowed on Monday that the bank would achieve net-zero greenhouse-gas emissions in its financing activities by 2050.

Analysts are increasing their price target on the stock, and a new CEO formally begins her tenure today.

Women rising on Wall St, but still a long way to go AFP, NEW YORK Pin-up photographs and smutty jokes have long been commonplace on trading floors, but the finance world is gradually opening up to women — underlined by the arrival today of Jane Fraser at the head of Wall Street banking flagship Citigroup. Her elevation marks “a milestone,” said Lorraine Hariton, director of Catalyst, an organization that promotes women in the workplace. “But there is also a long way to go,” she said. Women walk past the New York Stock Exchange on Feb. 8. Photo: AFP Employment figures demonstrate t...

Corbat’s departure comes as the bank is facing fresh scrutiny from regulators about its underlying technology and internal controls, work that will continue on incoming CEO Jane Fraser’s watch.