Trump publicly congratulated Citigroup and CEO Jane Fraser for supposedly leading M&A advisory rankings, but the article says the bank is actually nowhere near the top and has slipped in first-quarter league tables. The piece is mainly a correction of perception around Citigroup’s M&A standing rather than a material business update. Market impact should be limited.
Trump publicly congratulated Citigroup and CEO Jane Fraser for supposedly leading M&A advisory rankings, but the article says the bank is actually nowhere near the top and has slipped in first-quarter league tables. The piece is mainly a correction of perception around Citigroup’s M&A standing rather than a material business update. Market impact should be limited.
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