The Latest Breaking News from Mark Mason

Citi’s new CFO is the latest sign the 'operator' era has arrived

From running U.S. Personal Banking to steering the balance sheet, Gonzalo Luchetti embodies the new CFO profile.

Fortune · Feb 18

As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers

President Donald Trump has demanded a 10% cap on credit card interest rates by January 20

The Independent UK · Jan 17

Citi CFO Mark Mason says the bank is strong and his successor will ‘continue the momentum’

The longtime finance chief prepares to hand off the CFO role to Gonzalo Luchetti after helping steer Citi through restructuring and solid performance in 2025.

Fortune · Jan 15

Citi CFO leans into AI as Q2 earnings surge past expectations

Mark Mason shared insights on the company’s performance and client outlook.

Fortune · Jul 16, 2025

US Banks See Lower Recession Risk Despite Tariff Fog

Large US banks reported results that topped estimates Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty.

International Business Times · Jul 15, 2025

Citigroup Q2 Revenue And Profit Jumps, CFO Says Recession Risk Has Fallen

Citigroup (NYSE:C) reported on Tuesday that the second-quarter fiscal 2025 revenue growth was 8% year-over-year and was $21.7 billion, beating the analyst consensus estimate of $20.9 billion. This growth was driven by each of the five interconnected businesses.

Benzinga · Jul 15, 2025

American consumers are still buying like crazy, but the largest credit card companies are stashing funds away for a rainy day

Consumers continued to increase spending, according to quarterly earning reports.

Fortune · Apr 24, 2025

How political uncertainty can fast-track your career

Some leaders say economic uncertainty is a big career advantage.

Fortune · Mar 17, 2025

Citi's $81 trillion mixup underscores the risks of manual processes

"Human error is inevitable," says an accounting expert.

Fortune · Mar 3, 2025

Citigroup's $81 trillion mistake is a warning sign 'that operational risk is still a ticking time bomb in banking,' expert says

It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead of $280.

Fortune · Feb 28, 2025