Tag Archives: Citigroup needs a new strategy for its Asian consumer banks

Citigroup needs a new strategy for its Asian consumer banks

Citigroup Inc.’s new Chief Executive Officer Jane Fraser is facing a new question that is What to do about the consumer banks of Asia? Out of 19 banks that Citi operates globally, 12 are in the Asia-Pacific region. Over the next seven years, the institutional client group, which houses the corporate and investment banks, became […]