Jane Fraser

Five prominent U.S. financial institutions unveiled their first-quarter financial performance on Friday, surpassing consensus forecasts for both earnings and revenue, highlighting the favorable climate for banks amid heightened interest rates and a robust economy. Here’s a summary of the...

In a three-hour Senate Banking Committee hearing on Wednesday, US. Sen. Raphael Warnock (D-GA) asked eight CEOs of the biggest banks in the country to raise their hands if they support the SAFER Banking Act. Only Brian Moynihan, CEO and chairman of Bank of America (...

Tech heavyweights from the U.S. are poised to meet Chinese President Xi Jinping at the U.S.-hosted Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. What Happened: This is the first APEC meeting hosted by the U.S. in over a decade. Business executives are eager to...

A San Francisco summit is becoming a stage for cooperation talks with China, as both the public and private sectors in the U.S. look to thaw relations with the Asian economic giant. The jewel of the Asia-Pacific Economic Cooperation summit will be a face-to-face encounter between U.S. President Joe...

Citigroup Inc (NYSE:C) CEO Jane Fraser expressed confidence in the U.S. banking system despite a series of bank failures that shook investors and sparked turmoil across global financial markets. The banking sector is “pretty sound,” despite high-profile bank closures, Fraser told the...

Citigroup Inc. (NYSE: C) announced on July 15 strong second-quarter earnings, sending the stock up around 11%. Along with reporting strong earnings, CEO Jane Fraser and CFO Mark Mason announced tactics that will be used to protect the bank from a possible recession....

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 23.9%. But there is no question some big-name stocks performed better than others along the way. Citigroup’s...

Citigroup Inc (NYSE: C) shares traded higher on Thursday after the company announced the historic appointment of its first female CEO. What Happened: Citigroup announced President and CEO of Global Consumer Banking Jane Fraser will replace Michael Corbat as CEO in February of 2021. Why It...