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Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

20,000 layoffs, 14 markets exited, one flatter bank—Jane Fraser’s Citi playbook is working. Wall Street wants to know what’s next.

By Claire ZillmanMay 27, 2026
Why Meta hired Dina Powell McCormick to help sell its vision for AI in Washington and on Wall Street
Why Meta hired Dina Powell McCormick to help sell its vision for AI in Washington and on Wall Street
By Ellie AustinMay 27, 2026
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
Why the AI field’s biggest names are betting billions on ‘world models’
Why the AI field’s biggest names are betting billions on ‘world models’
By Sharon GoldmanMay 20, 2026
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
By Adam EraceMay 24, 2026
Microsoft lost its way in the AI race. Can Copilot get it back on course?
Microsoft lost its way in the AI race. Can Copilot get it back on course?
By Jeremy KahnMay 21, 2026
Latest Stories
A Google engineer is facing federal charges after allegedly using his employer’s confidential data to pocket $1.2 million on Polymarket
InvestingA Google engineer is facing federal charges after allegedly using his employer’s confidential data to pocket $1.2 million on Polymarket
By Marco Quiroz-GutierrezMay 28, 2026
a woman looks at the produce she's buying
EconomyMore Americans are going hungry now than during the pandemic, as people face a ‘remarkable’ rise in food insecurity, New York Fed says
By Jacqueline MunisMay 28, 2026
ron
Personal FinanceUBS says Ron DeSantis has a problem with his plan to help 92% of homeowners save on property taxes: His own state’s data
By Nick LichtenbergMay 28, 2026
Marc Benioff, chief executive officer of Salesforce
SuccessAs AI slashes white-collar jobs, Salesforce CEO Marc Benioff says there’s one department still hiring: sales
By Emma BurleighMay 28, 2026
Jane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround
NewslettersJane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround
By Claire ZillmanMay 28, 2026
Costco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
SuccessCostco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
By Preston ForeMay 28, 2026
Boos, AI-washing, and ‘low-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
C-SuiteBoos, AI-washing, and ‘low-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
By Claire ZillmanMay 28, 2026
Warren Buffett says ‘you’re giving up your potential’ if you don’t have this one skill—and it has nothing to do with the stock market
SuccessWarren Buffett says ‘you’re giving up your potential’ if you don’t have this one skill—and it has nothing to do with the stock market
By Sydney LakeMay 28, 2026
More Magazine
High gas prices are just the beginning: How the Iran war is changing the global energy map
MagazineHigh gas prices are just the beginning: How the Iran war is changing the global energy map
By Jordan BlumMay 19, 2026
  • For CEOs, it’s time for a wartime mindset
    MagazineFor CEOs, it’s time for a wartime mindset
    By Geoff ColvinMarch 20, 2026
How EarthRanger uses AI to help protect endangered species—and boost the wildlife tourism industry
MagazineHow EarthRanger uses AI to help protect endangered species—and boost the wildlife tourism industry
By Alexandra KirkmanMay 18, 2026
Anduril CEO Brian Schimpf
MagazineInside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup
By Allie GarfinkleMay 6, 2026
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
MagazineA Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
The American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition
MagazineThe American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition
By Shawn TullyMay 6, 2026
Photo of Marc Benioff
MagazineSalesforce CEO Marc Benioff turned his earnings call into a vodcast. Why other Fortune 500 CEOs might follow
By Rachel VentrescaMay 6, 2026
  • The Oscars make it clear: Hollywood is in a death spiral
    MagazineThe Oscars make it clear: Hollywood is in a death spiral
    By Geoff ColvinMarch 13, 2026
A top Blackstone executive is becoming an unlikely LinkedIn star thanks to his running videos
MagazineA top Blackstone executive is becoming an unlikely LinkedIn star thanks to his running videos
By Rachel VentrescaApril 21, 2026
Who’s really in control as AI and Big Tech race ahead?
MagazineWho’s really in control as AI and Big Tech race ahead?
By Francesca CassidyApril 10, 2026
Who owns ideas in the AI age?
MagazineWho owns ideas in the AI age?
By Francesca CassidyApril 8, 2026
Southeast Asia’s business leaders want wellness at work—as long as the programs get real results
MagazineSoutheast Asia’s business leaders want wellness at work—as long as the programs get real results
By Alice WilliamsApril 8, 2026
So… what are we doing with AI? Innovating in an age of caution
MagazineSo… what are we doing with AI? Innovating in an age of caution
By Francesca CassidyApril 7, 2026
  • AI is capable of remarkable feats. And has the power to kill. Meet one woman warning about the dangers ahead
    MagazineAI is capable of remarkable feats. And has the power to kill. Meet one woman warning about the dangers ahead
    By Kamal AhmedMarch 12, 2026
Anthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
MagazineAnthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
By Matthew Heimer and Nicolas RappApril 7, 2026
Fortune Archives: Who gets a seat at the table?
MagazineFortune Archives: Who gets a seat at the table?
By Indrani SenApril 5, 2026
Watches like this $455,000 timepiece can’t be made by a machine—and that’s exactly why they’re the ultimate flex amid the analog revival
MagazineWatches like this $455,000 timepiece can’t be made by a machine—and that’s exactly why they’re the ultimate flex amid the analog revival
By Adam EraceApril 4, 2026
The Walmart billionaires next door: Quiet backlash is brewing against the heirs who remade the retailer’s hometown
MagazineThe Walmart billionaires next door: Quiet backlash is brewing against the heirs who remade the retailer’s hometown
By Jessica MathewsApril 3, 2026
Have a strong brand in a world of noise—it’s like having the only red T-shirt in a stadium full of white ones
MagazineHave a strong brand in a world of noise—it’s like having the only red T-shirt in a stadium full of white ones
By Kamal AhmedApril 2, 2026
9 reasons AI isn’t going to take your job (yet)
Magazine9 reasons AI isn’t going to take your job (yet)
By Gary MarcusApril 1, 2026
As AI reshapes the office, the Fortune Best Companies to Work For are doubling down on the most human perks
MagazineAs AI reshapes the office, the Fortune Best Companies to Work For are doubling down on the most human perks
By Orianna Rosa RoyleApril 1, 2026
America and Europe have taken different routes on trying to ‘control AI.’ The results are stark
MagazineAmerica and Europe have taken different routes on trying to ‘control AI.’ The results are stark
By Francesca CassidyMarch 31, 2026
Ken Griffin wants to reshape Miami—and maybe American politics
MagazineKen Griffin wants to reshape Miami—and maybe American politics
By Shawn TullyMarch 31, 2026
Credit card annual fees are soaring past $800. Here’s why people keep paying them—even as perks are harder to come by
MagazineCredit card annual fees are soaring past $800. Here’s why people keep paying them—even as perks are harder to come by
By Jeff John RobertsMarch 30, 2026
Indonesia faces a ‘perfect storm’ of downgrade fears, trade tensions and now the Iran war—and 2026 has only just started
MagazineIndonesia faces a ‘perfect storm’ of downgrade fears, trade tensions and now the Iran war—and 2026 has only just started
By Nicholas GordonMarch 27, 2026
Paris is ground zero for Europe’s backlash against illegal Airbnbs
MagazineParis is ground zero for Europe’s backlash against illegal Airbnbs
By Vivienne WaltMarch 27, 2026
Should you trust AI to manage your money? The finance industry is betting you will
MagazineShould you trust AI to manage your money? The finance industry is betting you will
By Jeff John RobertsMarch 26, 2026
The world’s consumers are ready for robotaxis. James Peng of Pony AI wants to make sure they’re riding in his
MagazineThe world’s consumers are ready for robotaxis. James Peng of Pony AI wants to make sure they’re riding in his
By Nicholas GordonMarch 26, 2026
Wall Street is convinced AI will kill SaaS. History and economics say something else
MagazineWall Street is convinced AI will kill SaaS. History and economics say something else
By Jeremy KahnMarch 25, 2026
The AI era has a message for every CEO: Adapt or die
MagazineThe AI era has a message for every CEO: Adapt or die
By Beatrice NolanMarch 25, 2026
The youngest-ever female CEO of a Fortune 500 company is fighting Trump’s cuts to keep Medicaid strong
MagazineThe youngest-ever female CEO of a Fortune 500 company is fighting Trump’s cuts to keep Medicaid strong
By Diane BradyMarch 24, 2026
Meta and YouTube just took a crushing legal blow over tech addiction. At this rehab for addicted teens and adults, it’s treated like heroin
MagazineMeta and YouTube just took a crushing legal blow over tech addiction. At this rehab for addicted teens and adults, it’s treated like heroin
By Kristin StollerMarch 24, 2026
Cursor’s crossroads: The rapid rise, and very uncertain future, of a $30 billion AI startup
MagazineCursor’s crossroads: The rapid rise, and very uncertain future, of a $30 billion AI startup
By Allie GarfinkleMarch 21, 2026
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Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a yearplaceholder alt text
By Preston ForeMay 21, 2026
Environment
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fishplaceholder alt text
By Dorany Pineda, Brittany Peterson and The Associated PressMay 27, 2026
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Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix itplaceholder alt text
By Nick LichtenbergMay 27, 2026
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