Reported 8 months ago
At Citigroup's investor day, CEO Jane Fraser highlighted the bank's strategic direction with a focus on its services business, emphasizing that Citigroup is moving away from being the 'financial supermarket of the past' and is actively restructuring and streamlining its operations. Despite causing concern among investors, Fraser's remarks reflect the bank's efforts to revamp and improve its performance, setting ambitious goals for the future and acknowledging the importance of its services business in the global market.
Source: YAHOO