Jane Fraser to become Citi CEO; 1st woman to lead major bank
NEW YORK (AP) - Citigroup's Jane Fraser will become the first woman to ever lead a 塀で囲む Street bank when she 後継するs CEO Michael Corbat in February.
The New York bank 発表するd the succession Thursday.
Fraser is 現在/一般に 長,率いる of Citi's 全世界の 消費者 banking 分割, a major part of the bank that 監督するs checking and 貯金 accounts but also Citi's 大規模な credit card 商売/仕事. She's been with Citi for 16 years and had recently been 仕事d with 主要な the clean up of the bank's troubled Latin American banking 商売/仕事.
Fraser will be the first woman to lead one of 塀で囲む Street's big six banks, a major 業績/成就 in an 産業 long 支配するd by men. JPMorgan Chase CEO Jamie Dimon has had two women as his second-in-命令(する) for years - Marianne Lake and Jennifer Piepszak - but shows no 調印するs of stepping 負かす/撃墜する.
In a congressional 審理,公聴会 last year, the CEOs of the 塀で囲む Street banks were asked whether they 推定する/予想するd to be 後継するd by a woman in their 役割s, and no man raised his 手渡す at the time. Fraser will be one of only 32 女性(の) CEOs running a company in the S&P 500, によれば Equilar.
When Fraser does take over for Corbat in February, it´s almost 確かな the U.S. and 全世界の economies will still be 取引,協定ing with the 衝撃 of the coronavirus pandemic.
![In this undated photo provided by Citigroup, head of Citi's global consumer banking division Jane Fraser poses for a portrait. Citigroup announced Thursday, Sept. 10, 2020, that Fraser would succeed Michael Corbat as the bank's next chief executive, making Fraser the first woman to ever lead a Wall Street bank. (Julian Restrepo/Citigroup via AP)](https://i.dailymail.co.uk/1s/2020/09/10/19/wire-33023576-1599762239-170_634x527.jpg)
In this undated photo 供給するd by Citigroup, 長,率いる of Citi's 全世界の 消費者 banking 分割 Jane Fraser 提起する/ポーズをとるs for a portrait. Citigroup 発表するd Thursday, Sept. 10, 2020, that Fraser would 後継する Michael Corbat as the bank's next 長,指導者 (n)役員/(a)執行力のある, making Fraser the first woman to ever lead a 塀で囲む Street bank. (Julian Restrepo/Citigroup 経由で AP)
Since 早期に this year, banks have 始める,決める aside billions to cover 可能性のある 貸付金 losses as 商売/仕事s and 顧客s alike have fallen behind on 支払い(額)s. With a ワクチン still months away at least, and the U.S. economy in a 深い 後退,不況, the problems for borrowers are 推定する/予想するd only to get worse as the country 長,率いるs into the 落ちる and winter.
Corbat led Citigroup for eight years, 再構築するing the bank after it nearly 崩壊(する)d during the 広大な/多数の/重要な 後退,不況 and 2008 財政上の 危機. The 連邦の 政府 had to step in to buy a 火刑/賭ける in Citi to keep it afloat, and the bank had some of the most 有毒な 資産s on its 調書をとる/予約するs of all the major banks during this time.
Corbat turned Citi into a much smaller and stable (独立の)存在, 焦点(を合わせる)ing on its credit card 商売/仕事s and its international banking franchise. It was able to pass the 連邦の Reserve's "強調する/ストレス 実験(する)s," which 実験(する) a bank's resiliency, and is considered a much healthier 会・原則 now than it ever was before the 財政上の 危機.
Citi 拒絶する/低下するd to make Fraser 利用できる for interviews. In a 用意が出来ている 声明, Fraser said, "Citi is an incredible 会・原則 with a proud history and a 有望な 未来. I am excited to join with my 同僚s in 令状ing the next 一時期/支部."
![FILE - In this April 10, 2019 file photo, Citigroup CEO Michael Corbat testifies before the House Financial Services Commitee during a hearing, on Capitol Hill in Washington. Citigroup announced Thursday, Sept. 10, 2020, that Jane Fraser would succeed Corbat as the bank's next chief executive, making Fraser the first woman to ever lead a Wall Street bank. Corbat led Citigroup for eight years, rebuilding the company after it nearly collapsed during the Great Recession and 2008 financial crisis. (AP Photo/Patrick Semansky, File)](https://i.dailymail.co.uk/1s/2020/09/10/19/wire-33023578-1599762241-345_634x422.jpg)
FILE - In this April 10, 2019 とじ込み/提出する photo, Citigroup CEO Michael Corbat 証言するs before the House 財政上の Services 送る during a 審理,公聴会, on (ワシントンの)連邦議会議事堂 Hill in Wa shington. Citigroup 発表するd Thursday, Sept. 10, 2020, that Jane Fraser would 後継する Corbat as the bank's next 長,指導者 (n)役員/(a)執行力のある, making Fraser the first woman to ever lead a 塀で囲む Street bank. Corbat led Citigroup for eight years, 再構築するing the company after it nearly 崩壊(する)d during the 広大な/多数の/重要な 後退,不況 and 2008 財政上の 危機. (AP Photo/Patrick Semansky, とじ込み/提出する)
![FILE - In this Feb. 8, 2019, file photo the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. Citigroup Inc. reports financial results Wednesday, April 15, 2020. . (AP Photo/Richard Drew, File)](https://i.dailymail.co.uk/1s/2020/09/10/19/wire-33023580-1599762244-172_634x422.jpg)
FILE - In this Feb. 8, 2019, とじ込み/提出する photo the logo for Citigroup appears above a 貿易(する)ing 地位,任命する on the 床に打ち倒す of the New York 在庫/株 交流. Citigroup Inc. 報告(する)/憶測s 財政上の results Wednesday, April 15, 2020. . (AP Photo/Richard Drew, とじ込み/提出する)
![In this undated photo provi
ded by Citigroup, head of Citi's global consumer banking division Jane Fraser poses for a portrait. Citigroup announced Thursday, Sept. 10, 2020, that Fraser would succeed Michael Corbat as the bank's next chief executive, making Fraser the first woman to ever lead a Wall Street bank. (Julian Restrepo/Citigroup via AP)](https://i.dailymail.co.uk/1s/2020/09/10/19/wire-33023584-1599762246-964_634x951.jpg)
In this undated photo 供給するd by Citigroup, 長,率いる of Citi's 全世界の 消費者 banking 分割 Jane Fraser 提起する/ポーズをとるs for a portrait. Citigroup 発表するd Thursday, Sept. 10, 2020, that Fraser would 後継する Michael Corbat as the bank's next 長,指導者 (n)役員/(a)執行力のある, making Fraser the first woman to ever lead a 塀で囲む Street bank. (Julian Restrepo/Citigroup 経由で AP)