Updated
Updated · Barron's · May 6
Citi leadership outlines growth strategy at Investor Day
Updated
Updated · Barron's · May 6

Citi leadership outlines growth strategy at Investor Day

11 articles · Updated · Barron's · May 6
  • At Citi's lower Manhattan headquarters on Thursday, CEO Jane Fraser and business heads face pressure to lift profitability targets, with analysts expecting return on tangible common equity goals above this year's 10%-11%.
  • Investors will focus on whether Citi can shift from years of remediation to winning market share, especially in wealth management, investment banking and affluent consumer credit cards.
  • Fraser, five years into the job, has won board backing as shares rose 82% over the past year, but investors want evidence the turnaround can deliver sustainable medium-term returns.
Can Citi's ambitious profit goals survive escalating geopolitical and economic threats?
Is Citi's 'generational restructuring' truly different from its many past failed turnarounds?