Jane Fraser on hunt to put the old Citi back together
Citigroup is looking to get back to serving small investors after being forced to exit the brokerage business more than a decade ago, sources tell On The Money. People with knowledge of the big bank's thinking say adding a sizable brokerage to deal with retail clients and high-end investors is part of CEO Jane Fraser's turnaround strategy, which began with a major reorganization of the long-suffering big bank, cost-cutting and the hiring of new leadership. In the past year, Wall Street has applauded Fraser' ...