Queen of Wall Street Jane Fraser to be a Dame

The British-born banker dubbed ‘Queen of Wall Street’ has been honoured with a damehood in the King’s birthday honours list.

Jane Fraser, chief executive of New York-based lender Citigroup, receives the honour for services to the financial sector.

Citigroup, worth around £175billion, is one of the biggest banks on the planet making Fraser the world’s most powerful female banker.

The 58-year-old has led the lender since 2021. Last year, she saw her pay climb to £31million, elevating her into the ranks of the best paid bosses on Wall Street.

She has been overseeing a major restructuring to try to revive its fortunes, with 20,000

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