Citi Promotes Jane Fraser, Sets Stage for First Female Bank CEO
Jane Fraser. (Photographer: Kyle Grillot/Bloomberg)

Citi Promotes Jane Fraser, Sets Stage for First Female Bank CEO

(Bloomberg) -- Jane Fraser ascended to the No. 2 job at Citigroup Inc., putting her in position to succeed Chief Executive Officer Michael Corbat and become the first woman to lead a major U.S. bank.
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