Citigroup chief executive officer JaneFraser said that clients who’d been waiting on the sidelines to do deals are focused on moving forward with mergers and acquisitions as they see that scale ...
Citigroup still has a rather weak RoTCE of only 7.0%. The large bank needs to improve this metric in order to move back up to the valuations of the large bank group. CEO JaneFraser continues to ...
Investors cheered earnings from many of the biggest banks this past week, with one notable exception: Citigroup. The stock of the nation’s third-largest lender fell 5% on the day of its third ...
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