Jane Fraser

Citi chief executive Jane Fraser said banks are still waiting for central banks to make payment systems operate around the clock, seven days a week. Her comments highlight a growing gap between always-on private payment services and traditional central bank settlement hours, a sticking point for instant cross-border transactions and the broader tokenisation of finance.

Citigroup chief executive Jane Fraser is being discussed in connection with control of AI agents in finance. The reported focus is on how banks should oversee autonomous AI systems as they take on a bigger role in financial services. The discussion touches on governance and oversight questions facing major banks adopting agentic AI.