Citigroup CEO Jane Fraser: Clients Focused on Launching M&A Activity
CCiti(C) PYMNTS.com·2024-11-13 08:09

Pent-up demand for mergers and acquisitions (M&A) activity has been released by the election of Donald Trump, Citigroup CEO Jane Fraser said Tuesday.Speaking with Bloomberg Television, Fraser said the bank’s clients had been waiting to begin M&A activity and are now focused on doing so, Bloomberg reported Tuesday.There is demand for M&A activity across industries because companies see that they need to scale to compete, Fraser said, according to the report.Addressing Citigroup’s restructuring and its sharpe ...