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Home»World»Citigroup CEO pronounces larger charges to reasonable development within the US and globally
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Citigroup CEO pronounces larger charges to reasonable development within the US and globally

Credit TopicBy Credit TopicSeptember 21, 2022Updated:September 21, 2022No Comments
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Reuters

September 21, 2022, 9:45 p.m.

Final modification: September 21, 2022, 9:46 PM

The Citigroup Inc (Citi) emblem is seen on the SIBOS banking and finance convention in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren

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The Citigroup Inc (Citi) logo is seen at the SIBOS banking and finance conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren

The Citigroup Inc (Citi) emblem is seen on the SIBOS banking and finance convention in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren

Citigroup CEO Jane Fraser informed Congress on Wednesday that larger charges to manage inflation are more likely to dampen financial development in the US and the remainder of the world.

“We’re very involved in regards to the excessive costs that customers are dealing with in America and, certainly, all over the world,” she stated in response to a query through the listening to of the monetary companies committee of the Home of Representatives.

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