Banking, long dominated by men, now outpaces other industries in promoting women, a point underscored this week when Citigroup named Jane Fraser as its next chief executive.
The industry has made strides in recent years in elevating women, giving them jobs that place them on the executive track — and potentially in the corner office. When Fraser at Citi succeeds Michael Corbat upon his retirement in February, she will become the first woman to run a major Wall Street bank.
