In a notable divergence from the banking industry's return-to-office trend, Citigroup (NYSE:C) CEO Jane Fraser said the lender will maintain its hybrid work model, according to a recent media report.

One thing she is not: next in line to succeed Jamie Dimon as chair and CEO of the nation's largest bank by assets. Piepszak, who has spent the past year as co-CEO of JPMorgan's commercial and ...

Announcing a new role for Piepszak as COO, he said "her clear preference is for a senior operating role working closely with Jamie [Dimon] and in support of top leadership going forward.” ...

Banks led by Jamie Dimon, Brian Moynihan and David Solomon ... for more deals to be completed” amid a pro-business climate. Fraser is hopeful that economic stability and receding inflation ...