• Business

    Citi appoints Jane Fraser as CEO, marking first time a Wall Street bank will be led by a woman

    Citi announced Thursday it will appoint Jane Fraser, the bank’s current president, as CEO, marking the first time a major Wall Street bank will be led by a woman. Citi said it also appointed Fraser to its board, effective immediately. Fraser, who has been at Citi for 16 years and was considered a candidate for the top spot at Wells Fargo last year, will replace current CEO Michael Corbat when he steps down in February, capping an eight-year tenure as chief executive and a 37-year tenure at the bank. Last year, Fraser was promoted to Citi’s number two spot, a move widely viewed as preparatory for an eventual ascension to…

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  • Business

    Israeli business delegations led by banks Hapoalim, Leumi to visit UAE

    TipRanks These 3 “Strong Buy” Retail Stocks Look Compelling, Say Analysts One thing is for sure, 2020 threw the world into a tailspin. The spread of COVID-19 devastated the economy, and took investors on a rollercoaster ride that featured massive amounts of volatility packed into a span of only a few months. Investors saw stocks take a fast and frightening nose dive, only to be followed up by a fierce V-shaped rebound. Against this backdrop, U.S. 10-year and 30-year bond yields plummeted to all-time lows and unemployment levels clocked in at alarming highs. Still, despite all of the chaos, a select few retail names have stolen the show, delivering applause-worthy…

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