Citigroup Inc. has announced the appointment of Jane Fraser to serve as the company’s president and CEO of Global Consumer Banking.
With this appointment, Fraser becomes one of the highest ranking female executives in the financial services industry. She replaces Stephen Bird, who is leaving the company.
Fraser was previously CEO of Citi’s Latin American operations. She joined the company 15 years ago and previously headed its Global Private Bank and U.S. Consumer and Commercial Banking & Mortgages operations.
Company, portfolio manager agree to pay $1.825M combined in civil penalties.
The Securities and Exchange Commission today charged Atlanta-based Angel Oak Capital Advisors LLC and its portfolio manager Ashish Negandhi with misleading investors about the firm’s fix-and-flip loan securitization’s delinquency rates.
Angel Oak and Negandhi have agreed t...
Consumer Price Index also was unchanged in July from June.
Inflation hasn’t quite slammed on the brakes yet, but it did at least tap them in July.
The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis, after rising 1.3% in June, the U.S. Bureau of Labor Statistics (BLS) said t...