Jane Fraser tops headlines as Goldman and Wall Street rally; Fraser- led Citigroup remains a central figure in banking AI shifts and leadership notes. Jane Fraser (born 1966) is CEO of Citigroup, first woman to lead a major U.S. bank.
Global markets have been volatile amid Iran’s actions around the Strait of Hormuz. Investors are calling for caution as energy costs rise and Treasury yields trend higher amid inflation fears.
The Central Bank of Liberia has announced a phased increase in minimum capital requirements for commercial banks, raising the threshold from $10 million to $15 million by 2028. The move aims to strengthen financial stability, attract serious investors, and support economic resilience amid ongoing sector reforms.
President Trump has led a 36‑hour state visit to China accompanied by a delegation of US business leaders that has included Nvidia CEO Jensen Huang, Elon Musk and Tim Cook. Talks have focused on trade, AI export controls and Iran. China has not approved any purchases of Nvidia’s H200 chips and is continuing to push domestic chipmaking.
Trump has welcomed a delegation of executives to Beijing, including Tesla’s Elon Musk and Nvidia’s Jensen Huang, as part of efforts to “open up” China and mobilize business support. The trip follows reports of competition with Chinese EV firms and ongoing AI export discussions.