Jane Fraser
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, we're delighted to have Bloomberg here.
Thank you very much for joining our conference.
I think what's interesting this time at this conference is that it's moved away from a China for China story.
And instead, we have had huge interest and a large number of investors and companies coming to China to understand what is happening here, as well as the Chinese companies and investors that are looking much more externally now.
So that really feels like a sea change here.
That's pretty exciting.
I think the recent truce has brought some much needed and welcome stability here.
We're in a position now for both sides that wanted to have a period now where we can move ahead and have stability.
have a more stable relationship between both of them.
It's transactional, but it's in both sides' interests.
We see our client base navigating this well.
So Citi has been in China for 124 years.
We have a landmark building here in Shanghai.
And what we have done is focused our strategy and grown.
We are following our international clients around the world.
We're seeing them with renewed interest and focus in China, as we talked about.
And then we're seeing the Chinese companies
innovating at pace and also looking at expanding internationally.
So we've been growing rapidly here with a more focused strategy and it is the power of clarity and renewed purpose in the firm.
Yeah, I think you're getting the story wrong.