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Jane Fraser has been appointed as Citi's incoming CEO, the first female CEO to lead a major bank. New reporting from CNBC.com reveals that former Citi CEO Michael Corbat exited his role much earlier than the company had intended after regulatory and share prices issues accelerated his departure. Hugh Son, CNBC.com's banking reporter, joins "Squawk Box" to discuss. Subscribe to CNBC PRO for access to investor and analyst insights on banks and more: cnb.cx/2BT2E7y
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