Citi chief executive sculpting a modern bank
The White House has the welcome ceremony at Joint Base Andrews as Xi Jinping arrives for a three-day state visit. The event signals a display of diplomacy amid tensions over trade, AI, Iran, and Taiwan. Trump is hosting a state dinner and separate events with Xi’s delegation, with talks set to address strategic stability and broader economic and technological concerns.
JPMorgan Chase has named Doug Petno and Troy Rohrbaugh as co-presidents, signaling a shift in leadership as Marianne Lake retires. The board is advancing a male-dominated succession slate, with Erdoes and Piepszak retaining high-level roles and retention bonuses awarded to top bankers.
The Andrew Carnegie Foundation announced its annual list of “Great Immigrants, Great Americans.” The list released Tuesday includes Incredible Health cofounder and CEO Iman Abuzeid, who is originally from Sudan.
This year’s class of “Great Immigrants, Great Americans” includes Citi CEO Jane Fraser, Pulitzer Prize-winning authors Hernan Diaz and Cristina Rivera Garza, and fashion designer Gabriela Hearst. The newly renamed Andrew Carnegie…
A wave of legal actions has unfolded as multiple individuals face charges for fraud, embezzlement and money laundering across the U.S. and Europe. Proceedings highlight the reach of illicit finance in corporate and public institutions, with investigations centering on unemployment benefits fraud, luxury embezzlement and political corruption.
Xi Jinping's state visit to Washington centers on high-stakes diplomacy, with AI industry chiefs on the guest list. US officials aim to balance technology leadership with security concerns as Xi meets Trump and other leaders. The dinner highlights the race to set AI policy amid global tensions.