Citi boss blames banking crisis on a few black sheep: ‘This is not a credit crisis’
Published
The current crisis in the banking industry can be blamed on a few black sheep that failed to properly manage risk rather than broader troubles in the system as a whole, the boss of Citigroup argued. Jane Fraser, CEO of the third largest U.S. bank by assets, dismissed speculation the sector could…
#citigroup #janefraser #siliconvalleybank #davidrubinstein #carlylegroup #firstrepublicbank #svb #federalreserve #jeromejaypowell #injaymarketstrust