World PulseNow
Newsletter

Citi board names Jane Fraser as chair and awards her $25mn bonus

Financial Times•Wednesday, October 22, 2025 at 8:44:50 PM
PositiveFinancial Markets
Citi board names Jane Fraser as chair and awards her $25mn bonus
Citi has appointed Jane Fraser as chair of the board, reuniting the roles of board leader and CEO, which highlights her pivotal leadership during a significant transformation within the company. This move not only reinforces her authority but also comes with a substantial $25 million bonus, signaling confidence in her ability to steer Citi through its radical overhaul. This decision is crucial as it reflects the bank's commitment to strong leadership in a challenging financial landscape.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Sionna Therapeutics CEO sells $3.6m in stock
Investing.com10 hours ago
Sionna Therapeutics CEO sells $3.6m in stock
NeutralFinancial Markets
The CEO of Sionna Therapeutics has sold $3.6 million worth of stock, which raises questions about the company's future direction and the CEO's confidence in its performance. Such transactions can often signal changes within a company, and investors will be watching closely to see how this impacts Sionna's market position.
Read full article
via Investing.com
Citigroup CEO Jane Fraser Named Chair, Reuniting Roles at the Bank
The Wall Street Journal10 hours ago
Citigroup CEO Jane Fraser Named Chair, Reuniting Roles at the Bank
PositiveFinancial Markets
Citigroup has announced that CEO Jane Fraser will also take on the role of Chair, marking a significant shift as these positions have been separate for nearly twenty years. This strategic move is aimed at ensuring leadership continuity at the bank, which is crucial for maintaining stability and confidence among investors and clients. Fraser's dual role could streamline decision-making processes and strengthen the bank's direction in a competitive financial landscape.
Read full article
via The Wall Street Journal
Citigroup CEO Jane Fraser Named Chair, Gets $25 Million Stock Award
The Wall Street Journal11 hours ago
Citigroup CEO Jane Fraser Named Chair, Gets $25 Million Stock Award
PositiveFinancial Markets
Citigroup has announced that CEO Jane Fraser has been named Chair and awarded a $25 million stock package, highlighting the bank's commitment to leadership continuity. This decision underscores the confidence in Fraser's performance and strategic direction, which is crucial for the bank's future stability and growth.
Read full article
via The Wall Street Journal
Citigroup CEO Jane Fraser elected board chair, gets $25 million stock award
Investing.com11 hours ago
Citigroup CEO Jane Fraser elected board chair, gets $25 million stock award
PositiveFinancial Markets
Jane Fraser, the CEO of Citigroup, has been elected as the chair of the board, marking a significant milestone in her leadership journey. This appointment not only highlights her influence in the finance sector but also comes with a substantial $25 million stock award, reflecting the company's confidence in her vision. Fraser's leadership is expected to steer Citigroup towards innovative strategies and growth, making this news important for investors and the banking industry.
Read full article
via Investing.com
Top U.S. Engineering Stocks to Watch According to Citi’s Latest Rankings
Investing.com16 hours ago
Top U.S. Engineering Stocks to Watch According to Citi’s Latest Rankings
PositiveFinancial Markets
Citi has released its latest rankings of top engineering stocks in the U.S., highlighting companies that are poised for growth and innovation. This is significant for investors looking to capitalize on the engineering sector's potential, especially as infrastructure projects ramp up and demand for advanced technologies increases. Keeping an eye on these stocks could lead to promising investment opportunities.
Read full article
via Investing.com
Exclusive-UniCredit CEO under renewed board pressure over M&A clarity, sources say
Investing.com16 hours ago
Exclusive-UniCredit CEO under renewed board pressure over M&A clarity, sources say
NegativeFinancial Markets
UniCredit's CEO is facing increased pressure from the board regarding the clarity of the bank's mergers and acquisitions strategy. This situation is significant as it highlights potential instability within the leadership and raises concerns about the bank's future direction in a competitive market.
Read full article
via Investing.com
Novo Nordisk shares fall as top investor drives board overhaul
Investing.com20 hours ago
Novo Nordisk shares fall as top investor drives board overhaul
NegativeFinancial Markets
Novo Nordisk's shares have taken a hit following a significant push from a major investor for a board overhaul. This development is crucial as it raises concerns about the company's governance and future direction, potentially impacting investor confidence and market performance.
Read full article
via Investing.com
Biggest Philippine Copper Mine Needs Strategic Partner, CEO Says
Bloomberga day ago
Biggest Philippine Copper Mine Needs Strategic Partner, CEO Says
NeutralFinancial Markets
The CEO of the company developing the Philippines' largest gold and copper mine has announced that they are seeking a strategic partner while also delaying their production timeline. This is significant as it highlights the challenges faced in the mining sector and the importance of partnerships in ensuring successful project execution.
Read full article
via Bloomberg
Latest from Financial Markets
Beiersdorf lowers sales outlook as Nivea brand struggles
Investing.com37 minutes ago
Beiersdorf lowers sales outlook as Nivea brand struggles
NegativeFinancial Markets
Beiersdorf has recently adjusted its sales outlook downward due to challenges faced by its Nivea brand. This is significant as Nivea is one of the company's flagship products, and its struggles could indicate broader issues in the skincare market. Investors and consumers alike will be watching closely to see how Beiersdorf plans to address these challenges and whether it can regain its footing in a competitive landscape.
Read full article
via Investing.com
MTU Aero Engines beats profit estimates on commercial demand
Investing.com39 minutes ago
MTU Aero Engines beats profit estimates on commercial demand
PositiveFinancial Markets
MTU Aero Engines has exceeded profit expectations, driven by strong commercial demand in the aviation sector. This positive performance highlights the company's resilience and adaptability in a recovering market, showcasing its ability to capitalize on increasing air travel and aircraft production. Such results not only boost investor confidence but also signal a promising outlook for the aerospace industry as a whole.
Read full article
via Investing.com
Dollar Rises as Oil Prices Rally, Yen Falls
The Wall Street Journal39 minutes ago
Dollar Rises as Oil Prices Rally, Yen Falls
PositiveFinancial Markets
The dollar has strengthened as oil prices surged following the U.S. sanctions on Russian companies, signaling a robust response to geopolitical tensions. This development is significant as it reflects the U.S. economy's resilience and could influence global markets. Meanwhile, the yen has weakened as investors anticipate more relaxed fiscal and monetary policies in Japan, which could lead to further shifts in currency dynamics.
Read full article
via The Wall Street Journal
Sodexo forecasts slower revenue growth in 2026 on US challenges
Investing.com40 minutes ago
Sodexo forecasts slower revenue growth in 2026 on US challenges
NegativeFinancial Markets
Sodexo has announced that it expects slower revenue growth in 2026, primarily due to challenges in the US market. This forecast raises concerns about the company's ability to maintain its growth trajectory amidst increasing competition and economic pressures. Investors and stakeholders will be closely monitoring how Sodexo navigates these challenges and what strategies it will implement to adapt to the changing landscape.
Read full article
via Investing.com
Heineken lays out plan to grow beer sales, cut costs
Investing.com40 minutes ago
Heineken lays out plan to grow beer sales, cut costs
PositiveFinancial Markets
Heineken has unveiled an ambitious plan aimed at boosting its beer sales while simultaneously cutting costs. This strategy is significant as it reflects the company's commitment to adapting to market demands and enhancing profitability. By focusing on efficiency and growth, Heineken is positioning itself to better compete in the global beverage market, which is crucial for its long-term success.
Read full article
via Investing.com
Huhtamaki reports in-line Q3 results as flexible packaging offsets US weakness
Investing.com41 minutes ago
Huhtamaki reports in-line Q3 results as flexible packaging offsets US weakness
PositiveFinancial Markets
Huhtamaki has reported solid Q3 results, showcasing resilience in its flexible packaging segment, which has successfully offset weaknesses in the US market. This is significant as it highlights the company's ability to adapt and thrive despite regional challenges, indicating strong demand for its products and a positive outlook for future growth.
Read full article
via Investing.com