Reported about 5 hours ago
Citi's CEO Jane Fraser noted an increase in merger activity as US firms gain confidence from clearer policies, indicating a recession in the US is unlikely. Clients are actively engaging in capital markets, driven by updated tax, tariff, and deregulation insights. Despite some cautious perspectives from peers about economic impacts from global tariffs, Fraser remains optimistic about economic growth in both the US and the Middle East, driven by investments and new industry creation.
Source: YAHOO