Citigroup’s Jane Fraser, First Woman to Run Major U.S. Bank, Discusses Her Plans – Bloomberg


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2 months ago

Article taken from: www.bloomberg.com
Article summary
Tweet In September, Jane Fraser shattered the financial industry’s ultimate glass ceiling when she was named the next chief executive officer of Citigroup Inc. , one of the world’s three most important banks. She helped as the company disposed of almost half of its assets and cut tens of thousands of jobs, an experience she says will guide her in managing future challenges. […] At that point [in 2004], the kids were at school, they were settled, and I was ready to go back full time. […] And it was how we separated Citi from Citi Holdings [the unit that contained assets the bank no longer wanted]. […] And so it was only in mortgages and then the retail bank that was my first time in consumer.