Citigroup CEO Brings Long-Troubled Bank Into Trump’s Graces

Citigroup CEO Jane Fraser has met with President Trump and his administration officials, Bloomberg reported. The bank, which faced regulatory scrutiny and financial challenges in previous years, has returned to profitability under Fraser's leadership since she became CEO in 2021. Fraser's engagement with the Trump administration follows Citigroup's completion of a multiyear restructuring plan that reduced the bank's assets and workforce.

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