While 2021 was the best year for the banking industry in more than two decades because of rising interest rates, Citigroup didn't participate in the rally. rivals for years, she has to improve returns and grow businesses while keeping a lid on expenses and plowing money into appeasing regulators. bank, finds herself in a tricky balancing act: To overhaul a company that has deeply underperformed U.S. They illustrate how regulatory scrutiny has weighed on employee morale, making the already-difficult task of turning around Citigroup even harder as Fraser, 54, approaches her one-year anniversary leading the firm.įraser, the first female chief of a major U.S. The cumbersome internal reviews are a surprising fact of life at Citigroup, where CEO Jane Fraser has garnered headlines for talking about work-life balance and other ways to get a recruiting edge versus competitors. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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