UPDATE 2-Citigroup names Jane Fraser as president <!-- no image --> <div>Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the next chief executive.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=AbY3JOdjO_w:dsAJu7g3ZSM:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=AbY3JOdjO_w:dsAJu7g3ZSM:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=AbY3JOdjO_w:dsAJu7g3ZSM:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=AbY3JOdjO_w:dsAJu7g3ZSM:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=AbY3JOdjO_w:dsAJu7g3ZSM:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/AbY3JOdjO_w" height="1" width="1" alt=""></div> Posted by Reuters