Citigroup Aims for a Fresh Start with Rebuilt Strategy

Citigroup is poised to move beyond its troubled history, according to CEO Jane Fraser. Wall Street Journal (Markets) posted on X that Fraser made this announcement during the bank's first investor day in four years, emphasizing that the company has 'rebuilt the engine' to drive future growth. The event marks a significant moment for Citigroup as it seeks to reassure investors and stakeholders of its renewed focus and strategic direction. Fraser's comments highlight the bank's commitment to overcoming past challenges and establishing a more robust operational framework.