Citi speeds up its march toward embrace of ESG
New CEO Jane Fraser races to place bank at forefront of Wall Street's green parade
| Apr 8 |
. . . . Citigroup was somewhat late to the green game, trailing rivals JPMorgan Chase (JPM), Morgan Stanley (MS) and Bank of America (BAC) in making commitments for net-zero financed emissions by 2050. But with new Citi (C) CEO Jane Fraser using her first day on the job — April 1 — to make the pledge, it’s now clear that the self-described “world’s most…