GeneralBullishFortune Crypto · 13h ago6/10
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Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
Citigroup CEO Jane Fraser has successfully executed a comprehensive turnaround strategy over five years, cutting 20,000 jobs and exiting 14 markets to streamline operations and return the bank to decade-high revenue levels. The restructuring addresses chronic underperformance and positions the bank for sustained profitability, though execution risks and market competition remain.
