Articles by Christina Rexrode's Profile | The Wall Street Journal Journalist

Wendy's reinvents its burger

Sep 03, 2024 |

By Christina Rexrode

| Times Union (Albany)

NEW YORK -- When Wendy's decided to remake its 42-year-old hamburger, the chain agonized over every detail. A pickle chemist was consulted. Customers were quizzed on their lettuce knowledge. And executives went on a cross-country burger-eating tour. The result? Dave's Hot 'N Juicy, named after late Wendy's founder Dave Thomas. The burger -- with extra cheese, a thicker beef patty, a buttered bun, and hold the mustard, among other changes -- will be served in restaurants starting Monday.

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Angelo Mozilo, Founder of Mortgage-Lending Giant, Dies at 84

Jul 17, 2023 |

By James Hagerty , Christina Rexrode

| MSN

Angelo Mozilo, who built Countrywide Financial into the largest U.S. home-mortgage company and then was forced to sell it during the housing collapse of 2008, has died. He was 84 years old. His death was confirmed by his family, who said it was due to natural causes. As home prices soared in the early 2000s and then began to wobble, Mozilo appeared frequently on television and became the face of the mortgage industry.

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Angelo Mozilo, Founder of Mortgage-Lending Giant, Dies at 84

Jul 17, 2023 |

By James Hagerty , Christina Rexrode

| The Wall Street Journal

Angelo Mozilo, co-founder of Countrywide Financial, spoke at a conference in Las Vegas in May 2019. Angelo Mozilo , who built Countrywide Financial into the largest U.S. home-mortgage company and then was forced to sell it during the housing collapse of 2008, has died. He was 84 years old.

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Dow Futures Edge Down Ahead of Bank Earnings

Jul 14, 2023 |

By Christina Rexrode

| The Wall Street Journal

The stock rally looked set to pause, with futures mostly edging lower as investors awaited a batch of Wall Street bank earnings. JPMorgan Chase, Wells Fargo, Citigroup and BlackRock will report ahead of the opening bell, along with insurance company UnitedHealth. Earnings season comes as optimism about the economy has powered U.S. indexes higher. On Thursday, data—for a second consecutive day—showed that inflation was moderating to its slowest pace in years.

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LEAF Stock Price | Leaf Group Ltd. Stock Quote (U.S.: NYSE) | MarketWatch

May 07, 2021 |

By Tomi Kilgore , Lawrence McMillan, Chris Wack, Christina Rexrode

| MarketWatch

MarketWatch Dow Jones No Headlines Available Other News Press Releases No Headlines Available Leaf Group Ltd. engages in creating brands for lifestyle categories, including art and design, fitness and wellness, and home and decor. It operates through the Marketplaces and Media segments. The Marketplaces segment includes art and design marketplaces that serve a global community of independent artists, which consists of Society6.com and Deny Designs brands.

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Starting a Family? Company Benefits Favor IVF Over Adoption

Apr 03, 2021 |

By Christina Rexrode

| The Wall Street Journal

Sarah Mahalchick and her future husband talked on one of their first dates about wanting to adopt. There were lots of children out there who needed parents, they told each other from the start. But when they were ready to expand their family, they opted for fertility treatments, including in vitro fertilization. It seemed to make sense: Ms. Mahalchick’s employer would pay for a large chunk of the treatments through her health insurance; it offered almost no help on adoption.

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Covid-19 Deals Different Hands for Family Finances

Dec 29, 2020 |

By AnnaMaria Andriotis , Christina Rexrode , Orla McCaffrey

| The Wall Street Journal

There’s no single Covid-19 economy. There are a thousand. For many workers who have kept their jobs and can work from home, coronavirus has been a surprising financial boon. They are saving money on commuting, eating out and vacations, and enjoying a sky-high stock market. In the uneasy middle, people are trying to hold on to some semblance of their old lives. Parents are shelling out for care for kids who normally would be in school. Laid-off workers are branching into gig jobs.

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Coronavirus Threatens to Push the Child-Care Industry Over the Edge

Oct 17, 2020 |

By Christina Rexrode

| The Wall Street Journal

Child-care centers across the country—big chains, tiny in-home operations, nonprofits—are teetering. Enrollment slumped in the spring and never fully recovered. Extra expenses, like protective gear and deep cleaning, are piling up. By some estimates, some 40% of U.S. day cares are closed. Many of those that are open have half the number of children they did in February, or less. Lawmakers and economists are warning that many child-care providers will fail without government help.

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Citigroup's Jane Fraser to Succeed Michael Corbat as CEO -- 3rd Update Original

Sep 10, 2020 |

By David Benoit, Christina Rexrode

| MarketScreener

By David Benoit and Christina Rexrode Jane Fraser will become the first woman to run a major Wall Street bank, succeeding Michael Corbat as Citigroup Inc. chief executive when he retires in February. Citigroup tapped Ms. Fraser to serve as the bank's president and to run its global consumer bank last year, a move that established her as the front-runner to succeed Mr. Corbat. But the timing of Mr. Corbat's retirement comes as a surprise; he was expected to remain CEO into 2022.

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Citigroup’s Jane Fraser to Succeed Michael Corbat as CEO

Sep 10, 2020 |

By David Benoit , Christina Rexrode

| The Wall Street Journal

Jane Fraser made a career at Citigroup Inc. doing the hard jobs. She helped set the bank’s course after the financial crisis and nursed its battered mortgage business. She mopped up messes in Latin America. The biggest challenge of her career awaits: leading America’s third-largest bank through the worst economic crisis in decades.

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Working Parents Are Hitting Their Coronavirus Breaking Point-and Paying for It

Aug 15, 2020 |

By Christina Rexrode , Lauren Weber

| The Wall Street Journal

Working parents going on six months without school or camp are about to take another hit: rising child-care costs. Parents with school-age children are hiring sitters or paying for online classes they wouldn’t need if their children were in school. Some are lining up tutors or switching to private schools that plan to open for in-person learning.

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Bank of America Swings to Loss on Legal Charge, Lower Mortgage Originations

Jul 27, 2020 |

By Christina Rexrode , Devlin Barrett

| The Wall Street Journal

After spending more than $50 billion to resolve numerous legal woes stemming from the financial crisis, Bank of America Corp. had more bad news for shareholders Wednesday: The bleeding isn't over. The Charlotte, N.C., bank set aside a further $6 billion for potential costs related to financial-crisis-era litigation, dragging its first-quarter results into the red.

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Families Persist With U.S. Adoptions Amid Pandemic

Jun 29, 2020 |

By Christina Rexrode

| The Wall Street Journal

When Eric Emch and his husband Alan Lane began trying to adopt a baby two years ago, they didn’t count on a pandemic. In March, they were hunkered down at home in New York City when they learned they had been matched with a girl due in May. After that phone call, the adoption checklist they had expected to follow evaporated. Messrs. Emch and Lane couldn’t get to know the birth mother, Alicia Ayers, face to face.

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Estaban planeando tener un hijo. El coronavirus complica las cosas

May 16, 2020 |

By Christina Rexrode

| La Tercera

Holly Smith había planeado tener un tercer bebé. El coronavirus cambió eso. Smith dice que ella y su marido, quienes ya son padres de una niña de de cuatro años y un varón de un año, habían decidido comenzar a intentar concebir nuevamente en marzo. Pero cuando la familia empezó a recluirse ese mismo mes en su casa de San Diego, producto de la pandemia, la pareja comenzó a tener dudas.

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They Were Planning To Get Pregnant. The Coronavirus Complicates Things.

May 05, 2020 |

By Christina Rexrode

| The Wall Street Journal

Holly Smith had been planning for a third baby. The coronavirus changed that. Ms. Smith says she and her husband, already parents of a 4-year-old daughter and 1-year-old son, had decided to start trying to conceive again in March. But when the family began holing up at home in San Diego that same month amid the pandemic, the couple started having second thoughts.

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Over 60 With Decades Left on the Mortgage: The New Retirement Math

Apr 20, 2020 |

By Christina Rexrode

| Realtor.com

Laura and Bob Bentz were in their early 60s when they got a 30-year mortgage on a small home outside Orlando, Fla. They don’t like debt but felt they had no choice. Their business selling antique car parts on the internet had gone south in the Great Recession, as did the construction company where Mrs. Bentz worked and the medical-supply company where Mr. Bentz did. A sinkhole had damaged their previous house, and then Mrs. Bentz had to spend several years caring for elderly relatives.

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Over 60 With Decades Left on the Mortgage: The New Retirement Math

Apr 10, 2020 |

By Christina Rexrode

| The Wall Street Journal

Laura and Bob Bentz were in their early 60s when they got a 30-year mortgage on a small home outside Orlando, Fla. They don’t like debt but felt they had no choice. Their business selling antique car parts on the internet had gone south in the Great Recession, as did the construction company where Mrs. Bentz worked and the medical-supply...

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Charles Schwab Holds Talks to Buy TD Ameritrade

Nov 21, 2019 |

By Rachel Louise Ensign , Christina Rexrode

| The Wall Street Journal

Charles Schwab Corp. is in talks to buy TD Ameritrade Holding Corp. in a deal that would reshape the discount-brokerage market, where millions of individual investors buy and sell stocks. The companies have held on-and-off talks for months and were close to a deal Thursday, though there is still no guarantee they will reach one, people familiar with the matter said. If they do, it would likely value TD Ameritrade at around its current market value of $26 billion. ...

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Facing foreclosure? Beware of scams

Nov 16, 2019 |

By Christina Rexrode

| The Charlotte Observer

To people on the brink of losing their home, the flier on the front door or the sign on the telephone pole can seem like salvation. “Learn the ‘Do-It-Yourself' way of avoiding foreclosure,” they promise. Or, “We can help you … We are the foreclosure consultants that really care!” As home foreclosures continue to rise across the country, so do the number of people promising to fix troubled loans and keep people in their homes. Also on the rise: the chances of being scammed.

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Stocks make U-turn, rising on home prices, Europe

Sep 07, 2019 |

By Christina Rexrode , Steve Rothwell

| Yahoo

FILE - In this Thursday, Jan. 31, 2013 file photo, traders work on the floor of the New York Stock Exchange in New York. Going into Tuesday, Feb. 5, 2013, stock futures are heading higher after the biggest sell-off this year, with strong economic data coming out of Europe and the U.S. service industry expected to show further expansion, though at a slower pace.

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Homeowners Rush to Refinance, Thanks to Falling Yields

Aug 08, 2019 |

By Matt Wirz , Christina Rexrode , Rachel Louise Ensign

| The Toronto Star

Falling bond yields are reviving the U.S. mortgage market. Rates on the standard 30-year mortgage are at their lowest level in almost three years. They are closely linked to yields on 10-year U.S. Treasury notes, which on Wednesday tumbled to 1.675%, the lowest level since October 2016. Mortgage rates are falling more slowly, but economists expect them to catch up if bond yields remain at this low level. That is already prompting borrowers to flood lenders with calls.

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Homeowners Rush to Refinance, Thanks to Falling Yields

Aug 08, 2019 |

By Matt Wirz , Christina Rexrode , Rachel Louise Ensign

| The Wall Street Journal

Falling bond yields are reviving the U.S. mortgage market. Rates on the standard 30-year mortgage are at their lowest level in almost three years. They are closely linked to yields on 10-year U.S. Treasury notes, which on Wednesday tumbled to 1.675%, the lowest level since October 2016. Mortgage rates are falling more slowly but economists expect they will catch up if bond yields remain at this low level. That is already prompting borrowers to flood lenders with calls.

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Financial Crisis Yields a Generation of Renters

Jul 31, 2019 |

By Christina Rexrode

| Realtor.com

Alex Ruiz, 29 years old, and his wife, Stephanie Johnson, have steady jobs, are setting aside money for retirement and are slowly paying down their student debt. Yet buying a house seems out of reach for at least another decade. Home values in Asheville, N.C., where they live, are up some 70% over the past seven years. Their student-loan payments and rising rent have made it difficult to save for a down payment, and the houses that go on the market get snapped up right away.

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Financial Crisis Yields a Generation of Renters

Jul 27, 2019 |

By Christina Rexrode

| The Wall Street Journal

Alex Ruiz, 29 years old, and his wife, Stephanie Johnson, have steady jobs, are setting aside money for retirement and are slowly paying down their student debt. Yet buying a house seems out of reach for at least another decade. Home values in Asheville, N.C., where they live, are up some 70% over the past seven years. Their student-loan payments and rising rent have made it difficult to save for a down payment, and the houses that go on the market get snapped up right away. ...

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Fannie and Freddie’s Uncertain Future, Explained

Apr 24, 2019 |

By Christina Rexrode , Heather Seidel

| Realtor.com

They’re also a topic of intense debate. The Trump administration recently asked for plans to overhaul Fannie and Freddie. It also installed a new official to oversee the two companies, and he says he wants to put them on the road toward returning to private hands. Yet lawmakers have spent the last decade arguing about how big they should be and how much the government should be involved in their operations. Some have said they shouldn’t exist at all.

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Fannie and Freddie’s Uncertain Future, Explained

Apr 24, 2019 |

By Christina Rexrode , Heather Seidel

| The Wall Street Journal

Fannie Mae and Freddie Mac are the heart of the U.S. housing system. The Trump administration recently asked for plans to overhaul Fannie and Freddie. It also installed a new official to oversee the two companies, and he says he wants to put them on the road toward returning to private hands. Yet lawmakers...

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Citigroup President Jamie Forese to Retire

Apr 11, 2019 |

By Christina Rexrode

| The Toronto Star

Jamie Forese, the No. 2 executive at Citigroup Inc., is retiring following a changing of the guard atop a bank that has spent the decade since the financial crisis in recovery. Mr. Forese, a 34-year veteran of Citigroup, is the bank’s president and runs the Institutional Clients Group, the arm of the bank that includes investment banking and trading.

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Citigroup President Jamie Forese to Retire

Apr 11, 2019 |

By Christina Rexrode

| The Wall Street Journal

Jamie Forese, the No. 2 executive at Citigroup Inc., is retiring following a changing of the guard atop a bank that has spent the decade since the financial crisis in recovery. Mr. Forese, a 34-year veteran of Citigroup, is the bank’s president and runs the Institutional Clients Group, the arm of the bank that includes investment banking and trading.

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Government wants B. of A. to pay more for mortgage fraud

Nov 27, 2018 |

By Christina Rexrode

| MarketWatch

Bloomberg The government wants Bank of America Corp. to pay a bigger penalty over mortgage fraud related to Countrywide\’s \”Hustle\” program. The Justice Department\’s Manhattan unit has asked Judge Jed Rakoff to fine the bank up to $2.1 billion — more than double the $864 million that prosecutors asked for a couple of months ago. The bank, on the other hand, has said it shouldn\’t have to pay anything, or at most $1.1 million.

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Borrowers Are Tapping Their Homes for Cash, Even as Rates Rise

Nov 25, 2018 |

By Ben Eisen , Christina Rexrode

| The Wall Street Journal

Rising mortgage rates are crushing much of the refinancing market. But Americans are still using refis to pull cash out of their homes. More than 80% of borrowers who refinanced in the third quarter chose the “cash out” option, withdrawing $14.6 billion in equity out of their homes, according to government-sponsored mortgage corporation Freddie Mac. That is the highest share of cash-out refis since 2007. The...

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Rising Rates Are Roiling Nonbank Mortgage Lenders

Nov 22, 2018 |

By Christina Rexrode

| The Wall Street Journal

The decade of low mortgage rates is winding down. Its end will be particularly painful for the nonbanks that now control the bulk of the market. Nonbank lenders—less known and less regulated than their bank counterparts—have enjoyed a yearslong renaissance, with many springing up or expanding after the financial crisis. That also means some of those lenders have never navigated an era like today’s, marked by rising rates and cooling home sales.

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Mortgage Rates Fast Approaching 5%, a Fresh Blow to Housing Market

Oct 12, 2018 |

By Laura Kusisto , Christina Rexrode

| Realtor.com

Mortgage rates hit their highest level in more than seven years this week at nearly 5%, a level that could deter many home buyers and represents another setback for the slumping housing market. The average rate for a 30-year fixed-rate mortgage rose to 4.9%—the largest weekly jump in about two years—according to data released Thursday by mortgage-finance giant Freddie Mac.

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Mortgage Rates Fast Approaching 5%, a Fresh Blow to Housing Market

Oct 11, 2018 |

By Laura Kusisto , Christina Rexrode

| The Wall Street Journal

Mortgage rates hit their highest level in more than seven years this week at nearly 5%, a level that could deter many home buyers and represents another setback for the slumping housing market. The average rate for a 30-year fixed-rate mortgage rose to 4.9%—the largest weekly jump in about two years—according to data released Thursday by mortgage-finance giant Freddie Mac.

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Banks Brace for the Downside of Higher Rates

Oct 06, 2018 |

By Ben Eisen , Christina Rexrode

| The Wall Street Journal

Banks have enjoyed a profit boost from rising interest rates over the past couple of years. But now those higher rates could turn into a drag. Higher rates enable banks to charge more on loans. But they also can hit the banks’ mortgage businesses, since the higher interest payments could make some consumers think twice about buying a home or refinancing. What’s more, rising rates are forcing banks to start paying some depositors more....

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The New Mortgage Kings: They’re Not Banks

Sep 07, 2018 |

By AnnaMaria Andriotis , Christina Rexrode

| Realtor.com

One afternoon this spring, a dozen or so employees lined up in front of Freedom Mortgage’s office in Mount Laurel, N.J., to get their picture taken. Clutching helium balloons shaped like dollar signs, they were being honored for the number of mortgages they had sold. Freedom is nowhere near the size of behemoths like Citigroup Inc.

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The Financial Crisis Changed Home Buying Forever

Sep 07, 2018 |

By Christina Rexrode

| The Wall Street Journal

By Hanna Sender Sept. 7, 2018 10:40 am ET Developers have pulled back from building after getting stuck with a glut of half-built or unsold homes in the crisis. Photo: Noah Addis for The Wall Street Journal It was easy—too easy—to buy a house in the years leading up to the housing crisis. Not today. Lenders have tightened their standards, and many banks now view mortgages as a side service to offer to a small group of wealthier customers rather than a big-volume revenue generator.

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The New Mortgage Kings: They’re Not Banks

Sep 06, 2018 |

By Christina Rexrode , AnnaMaria Andriotis

| The Wall Street Journal

One afternoon this spring, a dozen or so employees lined up in front of Freedom Mortgage’s office in Mount Laurel, N.J., to get their picture taken. Clutching helium balloons shaped like dollar signs, they were being honored for the number of mortgages they had sold. Freedom is nowhere near the size of behemoths like Citigroup Inc.

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Citi CFO, longest-serving finance chief on Wall St, to retire

Sep 05, 2018 |

By Christina Rexrode , Micah Maidenberg

| Financial News

Citigroup's chief financial officer John Gerspach will retire next year, ending a nearly 10-year run as the bank’s top finance executive. Gerspach, 65 years old, will end his tenure as the bank’s CFO on March 1, 2019, according to an email chief executive Michael Corbat sent to employees that was viewed by The Wall Street Journal. Gerspach has served as Citi’s CFO since July 2009, making him the longest-serving finance chief currently at any major US bank....

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Longtime Citigroup CFO John Gerspach to retire next year

Sep 04, 2018 |

By Christina Rexrode , Micah Maidenberg

| MarketWatch

Citigroup Inc. Chief Financial Officer John Gerspach will retire next year, ending a nearly 10-year run as the bank’s top finance executive, the company announced Tuesday. Gerspach, 65, will end his tenure as the bank’s CFO on March 1, 2019, according to an email Chief Executive Michael Corbat sent to employees that was viewed by The Wall Street Journal. Gerspach has served as Citigroup’s CFO since July 2009, making him the longest-serving finance chief currently at any major U.S. bank.

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No Cats, No Sleepovers: Boomers Become Housemates

Aug 21, 2018 |

By Christina Rexrode

| The Wall Street Journal

Rika Mead got divorced a few years back, but didn’t want to give up the dream home she’d bought outside Denver. So she forged a solution she hadn’t considered in decades: She got a roommate. Ms. Mead, 71 years old, has honed her criteria for cohabitants since then. A housemate may not own dogs, but must love Ms. Mead’s two dogs, Bindi and Baku. They must not try to convert her to their religion.

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The Woman Who Wants Wall Street to Fund a Cure for Blindness

Aug 18, 2018 |

By Christina Rexrode

| The Wall Street Journal

Karen Petrou, an influential adviser to bankers and regulators, has made a career of deciphering complicated financial regulations. Now she’s trying to decode another type of puzzle. The conundrum: Matching medical researchers who need money with investors who have it. A bill outlining her strategy, which would include a government guarantee, was introduced in the House of Representatives last month. Her...

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Nobody Says ‘Zelle Me’: Banks Struggle to Catch Up to Venmo

Jul 31, 2018 |

By Christina Rexrode , Peter Rudegeair

| The Wall Street Journal

A year in, Zelle’s reviews are mixed. Usage is up, but most banks haven’t signed on, meaning many consumers can’t use it without downloading a separate app. It also fell short of its goal to have 33 banks on the network by its first anniversary, and behind the scenes, it runs on plumbing that’s more than 40 years old. Zelle’s rocky debut shows the challenges of trying to make alterations to an industry often slow to change and still weighed down by old infrastructure.

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Meet the CEO of America's Most Exciting Bank - at least as he's branded it

Jul 14, 2018 |

By Christina Rexrode

| Business Standard

To Michael Daly, who runs , banking is too often blasé. So Mr. Daly has adapted an unconventional rulebook meant to energize and empower his 1,900 employees. Suits are not allowed. Rock music must be played at every meeting. And ziplines are an acceptable form of transportation: Mr. Daly once arrived at an employee town hall on one, slinging $100 bills to the crowd below.

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Meet the CEO of ‘America’s Most Exciting Bank’—at Least as He’s Branded It

Jul 13, 2018 |

By Christina Rexrode

| The Wall Street Journal

To Michael Daly, who runs Berkshire Hills Bancorp Inc., banking is too often blasé. So Mr. Daly has adapted an unconventional rulebook meant to energize and empower his 1,900 employees. Suits are not allowed. Rock music must be played at every meeting. And ziplines are an acceptable form of transportation: Mr. Daly once arrived at an employee town hall on one, slinging $100 bills to the crowd below. “We’re...

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No Savings? No Problem. These Companies Are Helping Home Buyers With Down Payments

Jul 09, 2018 |

By Christina Rexrode , Laura Kusisto

| Realtor.com

Reese and Kyle Rademacher weren’t sure how they would afford a down payment to buy a home until their real-estate agent mentioned an offbeat idea: crowdfund the money from friends and family. Mrs. Rademacher, a 28-year-old construction technician, set up an online profile with a program called HomeFundMe to solicit donations. Her parents and a few others responded, and in March the Rademachers closed on a $320,000 home in Cheyenne, Wyo.

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No Savings? No Problem. These Companies Are Helping Home Buyers With Down Payments

Jun 29, 2018 |

By Christina Rexrode , Laura Kusisto

| The Wall Street Journal

Reese and Kyle Rademacher weren’t sure how they would afford a down payment to buy a home until their real-estate agent mentioned an offbeat idea: crowdfund the money from friends and family. Mrs. Rademacher, a 28-year-old construction technician, set up an online profile with a program called HomeFundMe to solicit donations. Her parents and a few others responded, and in March the Rademachers closed on a $320,000 home in Cheyenne, Wyo.

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U.S. Tells Big Banks to Rewrite 'Living Will' Bankruptcy Plans

Jun 18, 2018 |

By Ryan Tracy , Victoria McGrane , Christina Rexrode

| The Wall Street Journal

WASHINGTON—In a sweeping rebuke to Wall Street, U.S. regulators said 11 of the nation's biggest banks haven't demonstrated they can collapse without causing damaging economic repercussions and ordered them to try again. The Federal Reserve and the Federal Deposit Insurance Corp.

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Angelo Mozilo Is Unrepentant. But There’s No Second Act for the Head of Defunct Lender.

Jun 16, 2018 |

By Christina Rexrode

| The Wall Street Journal

A decade after the financial crisis, The Wall Street Journal has checked in on dozens of the bankers, government officials, chief executives, hedge-fund managers and others who left a mark on that period to find out what they are doing now. Today, we spotlight former Countrywide CEO Angelo Mozilo and one-time U.S. Treasury official Phillip Swagel. Angelo Mozilo is regarded by many as one of the chief villains of the housing crisis. But the former head of lender Countrywide Financial Corp.

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Bitcoin Needs Bankers Too: A Handful of Community Banks Say Yes to Crypto

May 22, 2018 |

By Christina Rexrode

| The Wall Street Journal

To many banks, bitcoin and other digital currencies are a mania, or worse. But to a handful of small lenders, they are a moneymaker. Take Silvergate Bank, a three-branch lender that until recently focused mostly on local businesses in the San Diego area. Last year, its assets nearly doubled to $1.9 billion from $978 million, largely because of business flowing in from crypto-related companies. Big...

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Main Street Banks’ New Lending Rivals: Hedge Funds and Private Equity

May 19, 2018 |

By Christina Rexrode

| The Wall Street Journal

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Citigroup's Jane Fraser to Succeed Michael Corbat as CEO -- 3rd Update Original

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