Citigroup Picks Jane Fraser to Become New CEO

The transcript discusses the leadership transition at Citigroup, highlighting Michael Corbat's retirement and Jane Fraser's appointment as the first female CEO of a major Wall Street bank. It covers Corbat's background and achievements, as well as Fraser's qualifications and career path, emphasizing the significance of this change in the banking industry.

Who is set to become the first female CEO of a major Wall Street bank?

• Ginni Rometty

• Indra Nooyi

• Jane Fraser

• Mary Barra

What role did Jane Fraser hold before being selected as CEO?

• Chief Operating Officer

• Head of Consumer Banking

• Head of Investment Banking

• Chief Financial Officer

At what age is Michael Corbat retiring from his position as CEO?

• 70

• 65

• 60

• 55

Which university did Jane Fraser attend?

• Cambridge

• Harvard

• Stanford

• Oxford

What major event did Citigroup undergo in 2009?

• Merger with another bank

• Reverse split

• Acquisition of a tech company

• Launch of a new product line