Citigroup's Chief Financial Officer stated the bank is still in a catch-up phase within its equities division.

New York

Who

Citigroup CFO, Jane Fraser

What

When

Tue, 14 Jul 2026 14:22:30 GMT · 2h 39m ago

Where

New York ·

Why

The bank is undergoing a turnaround strategy under CEO Jane Fraser, with Q2 profits increasing 45% and investment banking revenue reaching its highest point since 2021.

The Frontline Impact

How this affects you

Citigroup's performance in its equities division is a key indicator of its overall market competitiveness and the success of its strategic turnaround efforts.

Story chain

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Verified Sources & Citations

Benzinga
https://www.benzinga.com/markets/earnings/26/07/60444216/citigroup-cfo-says-bank-is-still-playing-catch-up-in-equities
HIGH

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