Since the company’s collapse during the 2008 recession, Citigroup’s stock has continuously struggled, with shares falling more than 30% over the past five years. In response, Jane Fraser, the CEO of Citigroup, announced a bold shift in company strategy, doubling down on wealth management while exiting 14 consumer markets outside of the United States since April 2021. So has Citi’s bet paid off and can the onetime financial colossus return to its former glory?
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