Business

Why Jane Fraser, Future Citi CEO, Left Goldman Sachs

[ad_1] It is happening. Citi announced today that Jane Fraser, currently CEO of its global consumer banking division, will replace CEO Mike Corbat, who plans to retire in February 2021. Fraser will become the first CEO of a major US bank. Fraser said she is “honored” and “excited” about her …

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ByteDance is about to miss the US deadline for the TikTok sale

[ad_1] Photographer: Hollie Adams / Bloomberg Photographer: Hollie Adams / Bloomberg ByteDance Ltd. is increasingly likely to miss a Trump administration deadline for the sale of its US TikTok operations. new Chinese regulations complicated negotiations with bidders Microsoft Corp. and Oracle Corp., according to people familiar with the matter. ByteDance …

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