Bloomberg Talks Jane Fraser Talks China Outlook, Citi's Growth in Asia
Nov 14, 2025
Jane Fraser, Chair and CEO of Citi, dives into the bank's expanding operations in China and the current state of the US economy. She discusses the renewed international interest in China, emphasizing Citi’s focus on client navigation amid de-risking. Fraser highlights the potential in new trade corridors and the ultra-high-net-worth market in Asia. She also shares insights on AI's role in talent management at Citi and expresses cautious optimism about the US economy as it heads into 2026.
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China Is Re-Engaging With The World
- The conference shows China is no longer inward-looking; global investors and companies are engaging actively with China.
- Jane Fraser sees this shift as a sea change that creates new international opportunities for Citi.
Follow Clients, Not Retail Footprint
- Follow international clients into their markets and focus where they need cross-border services.
- Citi targets global corporates and multinational flows rather than mass retail in-country banking.
Citi Is Expanding In China, Not Withdrawing
- Citi is adding headcount and investing in China rather than retreating from the market.
- Fraser emphasizes clarity of purpose and sees significant upside if domestic headwinds ease.