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...

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...

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...