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Citigroup said Thursday that Chief Financial Officer Mark Mason will step down from his role in early March before leaving the bank next year. The Jane Fraser-led lender named Gonzalo Luchetti, currently the bank’s head of US personal banking, as his successor. Citi said on Thursday that Mark Mason, chief financial officer of the Wall […]
The bid to open a Queens casino has hit a new obstacle after the United States Tennis Association (USTA) challenged the city’s handling of Citi Field’s parking lots. A New York judge has ordered the Adams administration to temporarily halt any new agreements involving the lots, following a USTA lawsuit alleging the city violated its […]
Citigroup CEO Jane Fraser was elected as chair of the board of directors, the bank said in a filing on Wednesday. Fraser replaces John Dugan, who has been chair since 2019 and will now become lead independent director. The board also granted a one-time equity award of $25 million that will vest fully within five years, to ensure “leadership […]
Mets owner Steve Cohen and Hard Rock’s proposed casino at Citi Field in Queens have stepped forward to the final stage of the license process. That brings the total number of New York casino proposals at this stage up to four, having all received approvals from their respective Community Advisory Committees. As well as the […]
Citigroup’s embattled wealth boss Andy Sieg brushed off reports that he terrorized colleagues with profanity-laced tirades — and hinted that business has improved as laggard employees have gone and been replaced. Sieg, 58, told Fox Business Network anchor Maria Bartiromo on Wednesday that “the stories themselves are not accurate” and insisted the sweeping changes he’s […]
