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Citigroup’s chief prankster doesn’t wait for 1 April

Jane Fraser's gags include kidnapped teddy bears, fuzzy robes and skydiving trips

Jane Fraser has a reputation for staging some elaborate pranks on colleagues
Jane Fraser has a reputation for staging some elaborate pranks on colleagues Photo: Drew Angerer/Getty Images

In early 2022, Citigroup chief executive Jane Fraser startled her senior team with a request: Please sign these waivers to go skydiving.

Executives questioned the sanity of the bank's leaders all jumping out of a plane. Does the board know, one of them emailed. I'm not sure my heart is healthy enough, another replied.

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