Jane Fraser on revenue diversification
From CNBC TV18 Exclusive | Jane Fraser, Chair & Chief Executive, Citi on Markets & Economy · · CNBC-TV18
“I don't worry about our revenues. I because when when when there are more challenges clients also need us to be providing the support in terms of volatility, hedging, credit facilities, other elements. So, that bought in the storm generates revenues the same way as when the economy does well, we're also there with businesses in capital raising and acquisition finance, M&A advice, etc. And that's the benefit we have for our investors of a diversified revenue base that can as we have done the last four or five years, you know, rates can be when things are going bad, rates do our rates business as well. M&A does well when there's transformation going on. So, there is some balance in it for our investors.”
On , Jane Fraser, Chief Executive Officer & Chair of the Board at Citigroup Inc, spoke about revenue diversification during CNBC TV18 Exclusive | Jane Fraser, Chair & Chief Executive, Citi on Markets & Economy on CNBC-TV18.
About Jane Fraser
Jane Fraser, Chair and Chief Executive of Citigroup, has been active in media appearances and investor events in recent months, focusing on the bank’s performance, strategic direction, and global economic outlook. During Citigroup’s first quarter 2026 earnings call, Fraser reported net income of $5.8 billion and described the quarter as “exceptionally strong,” noting that the bank had achieved the highest revenue growth of any firm on Wall Street. At the 2026 Investor Day, she set new medium-term return on tangible common equity (RoTCE) targets of 14-15% and stated that the bank is “only interested in and focused on organic growth.” In an interview with Barron’s, Fraser said the stock is “cheap” and urged investors to “get on the train,” adding that the firm is “only just getting started.” Fraser has also commented on macroeconomic risks and technology. In multiple CNBC-TV18 interviews, she identified cybersecurity as a “bigger threat” than other risks and said she views market optimism as “a tad optimistic,” noting that “markets think everything that can go right will go right.” During a visit to India for the Citi India Conference 2026, she met with Prime Minister Narendra Modi and said the “long-term India story is intact,” while urging the country to “stop selling herself short.” She also discussed artificial intelligence, stating that AI investment “doesn’t look overdone” and that the bank encourages clients to use AI models both for growth and to identify vulnerabilities.