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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 City police officers shot and killed a black man Wednesday after he pointed what they believed was a gun at them, authorities said.After the shooting, officers discovered the man was holding "a pipe with some sort of knob on it," Chief of Department Terence A. Monahan said at a news conference.The incident started shortly before 5 p.m., when officers received 911 calls of a man aiming what callers described as a silver firearm at people in Brooklyn, Monahan said."Three different 911 callers described a man with a gun, pointing it at people on the streets," he said. 588

NFL players must stand during the National Anthem this season, team owners decided Wednesday, a reaction to fierce backlash against some who took a knee in symbolic opposition to the systemic oppression of people of color, including by police.NFL Commissioner Roger Goodell said during a news conference at the meeting in Atlanta that teams whose players and personnel do not stand and show respect for the flag and the anthem will be fined by the league.Each team may develop its own work rules regarding players or personnel who do not comply with the policy, which could include fines. The new policy does give players the option to remain in the locker room during the playing of the anthem if they do not wish to comply.With this change, the NFL's game operations manual will be revised to remove the requirement that all players be on the field for the anthem. Previously, there had been no rule that prevented players from protesting."We want people to be respectful to the National Anthem," Goodell said. "We want people to stand, that's all personnel, and make sure that they treat this moment in a respectful fashion that's something I think we owe. We've been very sensitive in making sure that we give players choices, but we do believe that that moment is an important moment and one that we are going to focus on."The move by owners stems from the silent protests that began in 2016, when then-San Francisco 49ers quarterback Colin Kaepernick kneeled during the anthem to draw attention to injustice.It also brought the wrath of President Donald Trump, who in 2017 said players' kneeling showed "total disrespect for our great country."Goodell said that the vote was unanimous. However, 49ers CEO Jed York said he abstained. He wouldn't confirm whether other teams had as well, saying he wouldn't speak for anyone else."In terms of allowing teams to enforce their own workplace policies, I think that gives teams the comfort that you can determine what you want in your workplace," York said.York said he abstained because he wanted to make sure the 49ers organization focused on the progress aspect, not focus on the the protests. He added that the 49ers wanted to take a broader approach and will close concession sales during the National Anthem."I don't think we should profit during the National Anthem if we're going to ask people to be respectful," he said.The NFL Players Association, which was not included in the talks with owners, said the union will review the new policy "and challenge any aspect of it that is inconsistent with the collective bargaining agreement." Owners discussed the topic for two hours on Tuesday and one hour Wednesday, Cleveland Browns owner Jimmy Haslam said."The vote by NFL club CEOs today contradicts the statements made to our player leadership by Commissioner Roger Goodell and the Chairman of the NFL's Management Council John Mara about the principles, values and patriotism of our League," the association said in a statement.In recent months, the league has worked toward a reported million social justice partnership with the Players Coalition, using the NFL's platform to highlight players' efforts to curb injustice and to use political connections to push for legislative change.The conversations in Atlanta came as two free-agent players, Kaepernick and Eric Reid, have filed separate grievances against the league, citing collusion in denying them jobs. Kaepernick and Reid both kneeled during the National Anthem when they were 49ers teammates, and Reid continued his protest last season. Kaepernick has been a free agent since March 2017. 3619

NEW ORLEANS (AP) — New Orleans police say 11 people were shot in an early morning shooting on the edge of the city’s famed French Quarter.A police release says two people are in critical condition and no arrests have been made. Police Supt. Shaun Ferguson tells The New Orleans Advocate/The Times-Picayune that a person of interest has been detained.Police say 10 people were taken to two hospitals and another walked in. Further details haven’t been released.RELATED: Mass shootings in the United States: When, where they have occurred in 2019The shooting took place on a busy commercial block of Canal Street that has streetcar tracks and is near many hotels. Ferguson says police quickly responded to the scene as patrols were heightened for this weekend’s Bayou Classic, the annual Thanksgiving weekend rivalry football game between Grambling State and Southern University at the Mercedes-Benz Superdome. 916

No, the 2020 Election was a total scam, we won by a lot (and will hopefully turn over the fraudulent result), but we must get out and help David and Kelly, two GREAT people. Otherwise we are playing right into the hands of some very sick people. I will be in Georgia on Saturday! https://t.co/1ziqFq9S6O— Donald J. Trump (@realDonaldTrump) November 27, 2020 365