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Fraser

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  1. Bloomberg Television14 min

    Citi's Fraser: China License Gives Bank Edge on Rivals

    Fraser, Stephen Engle, HARI SREENIVASAN

    Following a five-year regulatory approval process, Citi is launching a wholly owned securities business in China to enable local capital raising and trading for its Fortune 500 client base under CEO Jane Fraser's strategic expansion. The new venture aims to capitalize on China's "new economy" growth sectors, including green technology and AI hardware, while bridging global and domestic capital markets to counter recent market volatility. Fraser positions this initiative as a key component of Citi's long-term "all-season" growth model, leveraging the firm's 125-year history in the region to warn competitors about the distinct advantages of its global network.