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Jun 18, 2024 · "We are no longer the financial supermarket of the past,” Fraser said during an event in New York City. “Instead, our vision is focused.” Citigroup is paring back its ambitions,...
Jun 27, 2024 · The FDIC’s recent rejection of Citi’s “living will” — plan of resolution in a crisis — and the rebuke of the bank’s data controls could keep Citi’s spending spigot open. This Citi turnaround,...
Jun 27, 2024 · Stay up-to-date with breaking news and top stories on Citigroup Inc. In-depth analysis, industry insights and expert opinion.
Jun 18, 2024 · “We are no longer the financial supermarket of the past,” Fraser told investors at the event, referring to the attempts by some predecessors to turn the bank into a universal one-stop...
- 7 min
- Todd Gillespie
5 days ago · Three years ago, as the long-struggling Citigroup was in a tailspin over a billion-dollar fat-finger error, the bank announced its next CEO, Jane Fraser.
Jun 18, 2024 · The activity is organized around three areas: - corporate and investment banking: financial intermediation, interest rate market activities, investment capital, etc., etc.; - commercial banking: sale of traditional and specialized banking products (consumer credit, leasing credit, etc.); - other: primarily private banking and management of ...
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4 days ago · July 12 (Reuters) - Citigroup (C.N) beat Wall Street expectations for second-quarter profit on Friday, boosted by a jump in investment banking, markets and services revenue, but shares fell 2% ...
