Will Jane Fraser’s bold plan to overhaul Citigroup work? Banking Citigroup, the US’ third-largest bank by assets, is eyeing a rebound in 2024 with a major restructuring under Scottish chief executive Jane Fraser.
Jane Fraser’s overhaul marks Citi results as profits hit by severance costs Banking Citi's results continued to bear the impression of Jane Fraser's restructuring plans, as profit fell sharply compared to the year before.
Jane Fraser’s Citigroup overhaul hits London with 250 roles up for review Banking Citigroup is putting 250 jobs in the UK under review as boss Jane Fraser kicks off her plans to overhaul the US investment banking giant.
Citigroup raises Scottish chief Jane Fraser’s pay to £20.6m while slashing 20,000 jobs February 21, 2024 Citigroup has handed its Scottish chief executive Jane Fraser a six per cent pay rise to $26m for 2023, citing her bold plan to overhaul the Wall Street bank.
Mike Ashlely’s Frasers appoints daughter’s boyfriend to the board April 1, 2024 Sports Direct owner Frasers Group has appointed a director to its board who is in a relationship with founder Mike Ashley’s youngest daughter.
Mike Ashley’s Frasers Group increases Hornby stake March 22, 2024 Mike Ashley's Frasers Group has further increased its stake in model train maker Hornby.
Frasers ‘on track’ as Murray doubles down on elevation strategy December 7, 2023 Frasers, parent company of Sports Direct and Flannels, is on track to hit previous profit guidance
Frasers snaps up stakes in Boohoo and Currys June 20, 2023 The company behind Sports Direct has said that it hopes a new stake in Boohoo can lead to collaborations between the fashion brand and Missguided. Frasers Group said that its new holding in its fellow listed company would allow it to find synergies and make its own brands stronger. The business, majority owned by Mike [...]
Frasers acquires parts of Matchesfashion out of administration – but jobs not in deal April 30, 2024 Frasers Group has acquired parts of Matchesfashion out of administration in a deal which does not include its stock or its hundreds of employees.
Mike Ashley’s Frasers Group further ups Boohoo stake February 7, 2024 Mike Ashley's Frasers Group has furthered strengthened its position as the largest single shareholder in Boohoo.