Bloomberg Talks
Citigroup CEO Jane Fraser Talks M & A
Nov 12, 2024
Jane Fraser, the CEO of Citigroup and a key figure in the financial arena, shares her insights on the growing focus on mergers and acquisitions as clients seek competitive scale. Joined by Bloomberg's Sonali Basak, they discuss the impact of recent policy changes on global finance, interest rates, and M&A trends. Fraser highlights Citigroup's transformation efforts, emphasizing the need for adaptability in a shifting economic landscape, while also addressing how different regulations will shape the future of banking.
16:42
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Quick takeaways
- Jane Fraser emphasized the resurgence of client interest in mergers and acquisitions as companies seek scale to remain competitive.
- The podcast highlighted the balance Citigroup aims to maintain between fiscal discipline and investment in transformation amid evolving economic conditions.
Deep dives
Impact of Trump's Administration on Financial Policies
The CEO of Citigroup highlighted the anticipated changes in financial policies under the Trump administration, specifically focusing on four key areas: regulation, taxes, tariffs, and immigration. She expressed that these changes may create a more pro-growth environment, affecting both the bank’s operations and its clients globally. The discussion also emphasized concerns regarding potential inflation resulting from tariffs, indicating that while some inflationary pressures might arise, productivity improvements could counterbalance these effects. The CEO suggested that it is essential to wait for the actual policies to be enacted before drawing definitive conclusions about their impact on the economy.
