Citigroup's CEO Signals a New Era of Deal-Making in the U.S.
In a bold statement reflecting optimism in the financial sector, Citigroup's Chief Executive Officer Jane Fraser announced that the time is ripe for mergers and acquisitions in the United States. During a recent interview, Fraser expressed confidence in the market dynamics and the potential for transformative deals that could reshape the financial landscape.
Continue readingMajor Delays Anticipated in Basel Regulations Finalization, Says Citi Chair
In a recent discussion attended by financial executives and policymakers, Jane Fraser, the Chair of Citigroup, painted a cautious picture regarding the finalization of the Basel III capital reforms. Fraser indicated that the completion of these significant regulatory changes is unlikely to be achieved before the new president of the Basel Committee on Banking Supervision takes office.
Continue readingCitigroup Assures Investors: No Asset Cap Concerns Amid Share Price Decline
In recent statements, Citigroup's CEO, Jane Fraser, has emphasized that the bank is not facing any impending asset caps that could hinder its operational flexibility or financial growth. This announcement comes at a time when the financial giant is grappling with a decline in its share price following its third-quarter earnings report, which fell short of analyst expectations.
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