Bloomberg Television
@markets·3.2M subscribers·95.6K videos
Citi CEO Pulls the Plug on Another Wall Street Franchise
Posted
December 21, 2023
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32,877
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December 21, 2023
32,877
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3:25Now PlayingCitigroup Inc. Chief Executive Officer Jane Fraser is extending her retrenchment strategy by exiting distressed-debt trading -- a cash-intensive business whose profitability can vary widely from year to year, Bloomberg's Sridhar Natarajan reports.
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