✉news BusinessBanking first seen 11 h ago, last 5 min ago, peak #7
Citi chief calls on central banks to run round the clock
Original: Citi’s Fraser: ‘We’re still waiting for central banks to operate 24/7’
Jane Fraser, chief executive of Citigroup, said the banking world is still waiting for central banks to operate around the clock, 24/7. Her remarks highlight a gap between always-on digital payments and settlement systems that still depend on central banks working limited hours, a constraint for global instant payments and tokenised money.
Why now: Central banks are under growing pressure to modernise operating hours as instant payment systems expand globally.
CitigroupJane Frasercentral banks
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