Citigroup CEO Fraser fights to sell turnaround plan to investors
Yahoo! Finance
Citigroup Inc Chief Executive Jane Fraser faces a struggle to convince skeptical analysts and investors that she can turn the bank around despite overseeing a radical overhaul in less than a year at the helm. Fraser took over at the helm of the Wall Street bank in February 2021, tasked with transforming a business whose share price had lagged rivals like JPMorgan Chase & Co and Bank of America during her predecessor Michael Corbat's eight years at the helm. The bank announced plans to exit non...
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