Jane Fraser: Citi's $25M Power Play

Citi's CEO Jane Fraser just became Chairman with a $25M bonus, solidifying her power as a top British banker in the U.S. Leading a major restructuring, including 20,000 job cuts, Fraser's driving Citi towards simplification and higher profits. With a recent 16% profit jump and share prices doubling, all eyes are on Fraser to see how her dual role shapes Citi's future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.