Jane Fraser
Jane Fraser is the Chief Executive Officer of Citi, the world’s most global bank, serving millions of consumers, businesses and institutions across 160 countries and jurisdictions. She is the first female CEO in the firm’s history.
Who is Citigroup owned by?
Citibank
| Type | Subsidiary of Citigroup |
|---|---|
| Headquarters | New York, New York |
| Key people | Barbara Desoer (Chairman) Sunil Garg (CEO) |
| Products | Credit cards Mortgages Personal loans Commercial banking Lines of credit |
| Parent | Citigroup |
What is the salary of the CEO of Citibank?
Citi cut CEO Michael Corbat’s compensation 20.7% in 2020 to $19 million, the bank reported Friday in a Securities and Exchange Commission (SEC) filing. Bank of America slashed CEO Brian Moynihan’s compensation, too — by 7.5% to $24.5 million, according to a Friday filing.
What is Citi net worth?
Citigroup is ranked 33rd on the Fortune 500 as of 2021. Citigroup has over 200 million customer accounts and does business in more than 160 countries….Citigroup.
| The headquarters of Citigroup in Lower Manhattan | |
|---|---|
| Net income | US$11.0 billion (2020) |
| Total assets | US$2.260 trillion (2020) |
| Total equity | US$199 billion (2020) |
Who is the new CEO of Citi Bank?
New York (CNN Business) Citigroup made history Thursday by naming Jane Fraser as its next CEO. She will become the first woman to lead a major US bank. Fraser, currently in charge of Citi’s ( C) consumer bank, is set to take over in February for Michael Corbat, who plans to retire after 37 years at the bank.
Who was the first chairman of Citigroup?
The following is a list of chairmen and presidents of Citigroup —the person or persons who were ultimately responsible for the company since its founding in 1812. The company was led by presidents until 1909, when James J. Stillman became the first chairman, holding the highest office in the company.
Who is the Chief Compliance Officer for Citi?
Mary McNiff is Citi’s Chief Compliance Officer responsible for independent compliance risk management across Citi, reporting to Citi’s CEO.
Why is Jane Fraser the CEO of Citi?
While Corbat helped stabilize Citi following the Great Recession, Fraser will be taking over one of the nation’s largest banks at a time of vast economic uncertainty. Even the largest US banks have reported sharp declines in profit as they brace for a wave of defaults during the pandemic.
