Citigroup's Jane Fraser: China Market 'Flourishing'

Citigroups CEO, Jane Fraser, shares exciting news: the bank is experiencing rapid growth in China, with increased interest from international investors and companies. Despite a major restructuring, Citigroup is gaining market share, focusing on assisting Chinese companies expanding overseas. The bank reported strong financial results, surpassing estimates across all major business lines. Fraser, now chair as well, highlights Chinas market as flourishing, with nearly thirty billion dollars raised for Chinese clients this year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.