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Citigroup CEO Jane Fraser: Optimistic about expansion prospects in the Chinese market after obtaining a wholly-owned securities license
Citigroup CEO Jane Fraser stated at the Citi China Conference in Shanghai that, following approval to establish a wholly-owned securities firm in mainland China, she is confident and optimistic about Citi becoming a leading investment bank in mainland China. Fraser pointed out that Beijing's supportive stance toward foreign financial service firms, along with China's strengths in manufacturing and artificial intelligence, will provide opportunities for Citi to seek new growth engines.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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