Jane Fraser’s ruthless remake of Citigroup
- Posted on July 13, 2026
- By Financial Times
- 15 Views
- 1 min read
Under Jane Fraser's leadership, Citigroup is undergoing a comprehensive strategic transformation aimed at restoring its competitive position in global banking. The institution is divesting non-core assets, streamlining operations through workforce reductions, and implementing bold executive appointments to drive organizational change. Simultaneously, the bank is strengthening its relationship with the Trump administration, positioning itself for potential regulatory advantages. This aggressive restructuring strategy seeks to enhance profitability and shareholder value while navigating a complex political and economic landscape.
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