Citigroup says it’s ‘game on’ for deals in America


Citigroup Inc chief executive officer Jane Fraser. — Bloomberg

NEW YORK: Citigroup Inc chief executive officer Jane Fraser says that clients who’d been waiting on the sidelines to do deals are focused on moving forward with mergers and acquisitions (M&As) as they see that scale is needed to compete.

Clients were awaiting an “unlocking” before embarking on M&A and are now starting to ramp up plans in the wake of Trump’s election win, Fraser said in an interview with Bloomberg Television.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Moody’s: South, Southeast Asia credit outlook stable despite US dollar strength
South Korea's KOSPI craters over 8% as Fed fears spark tech rout
Gold extends losses on US interest rate-hike fears
OCBC to offer physical gold trading, storage in Singapore
Indonesia's FX reserves slide to two-year low, sparking concern�
US allegations of forced labor refuted
Chipmakers drag South Korea, Taiwan stocks lower as investors unwind AI bets
Liftech to raise RM23mil from ACE Market IPO
Yuan brushes off dollar strength, trade data eyed
Supply crisis to push costs beyond oil prices, whole-of-nation response needed

Others Also Read