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NEW YORK (AP) — Citigroup's Jane Fraser will become the first woman ever to lead a Wall Street bank when she succeeds CEO Michael Corbat in February. The New York bank announced the succession Thursday. Fraser is currently head of Citi's global consumer banking division, a major part of the bank that oversees checking and savings accounts but also Citi's massive credit card business. For 16 years, Fraser has worked in various departments within Citi:- 2015-19: Chief Executive Officer of Citi’s Latin American region.- 2013-15: Chief Executive Officer of the U.S. Consumer and Commercial Banking and CitiMortgage. - 2009-13: Chief Executive Officer of Citi's Private Bank. - 2007-09: Global Head of Strategy and Mergers & Acquisitions.In 2004, she joined the company in its Corporate and Investment Banking division.She previously worked at McKinsey & Company, Goldman Sachs, and Asesores Bursátiles.Fraser also serves as a member of the Board of Dean’s Advisors at Harvard Business School and Stanford University’s Global Advisory Council. She's also a member of the Council on Foreign Relations.She earned her M.B.A. from Harvard Business School and an M.A. in economics from Cambridge University.Fraser's climb to the CEO role is a major accomplishment in an industry long dominated by men. Corbat led Citigroup for eight years, rebuilding the company after it nearly collapsed during the Great Recession and 2008 financial crisis.Corbat had been with the company for 37 years. 1500
NEW YORK (AP) — Singer-songwriter Justin Townes Earle, a leading performer of American roots music known for his introspective and haunting style, has died at age 38.New West Records publicist Brady Brock confirmed his death, but did not immediately provide details.Earle was the son of country star Steve Earle and over the weekend his family posted a Facebook announcement of his death, telling his fans that they hope his music will continue to guide them for years to come.His family also posted lyrics from the ballad “Looking for a Place to Land,” from Earle’s 2014 album “Single Mothers.” 603
NEW YORK, N.Y. - Walking around the city is a learning experience.Two life-long friends have written a book about their travels and discoveries on the streets of Manhattan.Lori Zimmer started writing and walking about a decade ago after losing her job.“I never had the time. Now I was taking note,” Zimmer said.“Art Hiding in New York” was born when she visited Maria Krasinski, who illustrated the book. It was an artistic choice to use drawing instead of photographs.“It’s a little more playful and fun. Illustrations brought it to life,” Krasinski said.Click here to read about and purchase the book. The chapters feature undiscovered places and tell the stories of some public art.This story was first published by Greg Mocker at WPIX in New York, New York. 769
NEW YORK (AP) — ABC will air “Black Panther” commercial-free Sunday as a prime-time tribute to Chadwick Boseman. The film will be followed by an ABC News Special, “Chadwick Bosmeman: A Tribute for a King.” Disney said the special “will celebrate Boseman’s storied life, legacy and career” and “shine a light on the medical condition he privately battled.” Boseman died Friday after a four-year battle with colon cancer. He was 43. The film will be broadcast at 8 p.m. EDT, with the special beginning at 10:20 p.m. EDT. 526
NEWFOUNDLAND, Pa. -- Crown-wearing worshippers held onto their AR-15 rifles, drank holy wine and exchanged or renewed wedding vows during a commitment ceremony at a Pennsylvania church Wednesday.State police and protesters stood outside the church as brides dressed in white and grooms dressed in dark suits clung to their AR-15s inside the World Peace and Unification Sanctuary.The church believes the AR-15 represents the “rod of iron” in the book of Revelation and encouraged couples to bring guns to the ceremony.An attendant was charged with the task of checking each weapon at the door to ensure it was unloaded and secured with a zip tie.The ceremony prompted an area school district to move elementary school students down the street to a different school. 772