2 weeks Citigroup’s Fraser breaks WS barrier Manilatimes |Biz
NEW YORK: Citigroup’s Jane Fraser will become the first woman to lead a major Wall Street firm after the banking giant on Thursday picked her as its next chief executive. Fraser is set to take over the top job in February, replacing Michael Corbat who will retire. Her appointment was touted on social media for shattering Wall Street’s glass ceiling and comes amid intensifying focus on the need to diversify American corporate leadership in the aftermath of the “Me Too” movement on workplace equity and mass protests in the US for racial justice. “Jane Fraser’s appointment is an historic ... more