Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock' ahead.
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Merger activity has decreased by 40% from its peak, but Citigroup CEO Jane Fraser anticipates a significant increase in future merger activities, including megamergers, middle-market deals, and initial public offerings.
November 13, 2024 | 3:00 pm
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Citigroup CEO Jane Fraser expects a future increase in merger activities, which could benefit Citigroup's investment banking division.
Citigroup, as a major player in investment banking, stands to benefit from increased merger activities. CEO Jane Fraser's positive outlook suggests potential growth in Citigroup's advisory and financing services, which could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80