Citi diversity brag is begging for rivals’ riposte

📆 12/16/2021 7:30 AM
📰 Breakingviews

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Some 35% of Citigroup’s 52 newly promoted managing directors in Asia are women, the bank announced on Dec. 15, hailing the figure as a record. That adds more bragging rights to the lender’s greatest claim to fame on the ESG front. Chief Executive Jane Fraser is flanked by seven female directors in the board room, where women outnumber men, a rarity among the world’s largest banks.

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