Who Is Jane Fraser? All You Need To Know As Citi CEO's 'The Bar Is Raised' Memo Goes Viral, Issues Performance Warning to Staff
Citigroup CEO Jane Fraser has issued a stark warning to the bank's 200,000-plus employees, signalling a transition from a period of restructuring to one of strict accountability. In an internal memo titled “The Bar is Raised," which has now gone viral, Fraser told staff that "old, bad habits" must disappear as the firm enters the final phase of its multi-year "transformation" program. Scroll below to know more.