New Citi Ceo Gets $500 Mln Catalyst To Clean House
February 18, 2021 at 04:06 AM EST
Jane Fraser’s job as incoming chief executive of Citigroup is to act as a sort of plumber. She needs to fix the U.S. bank’s rusty pipes before they leak again. A New York judge on Tuesday gave her another $500 million incentive to get cracking.