Jane Fraser
๐ค SpeakerAppearances Over Time
Podcast Appearances
So in these new corridors, we're seeing the Middle East connecting with Asia.
For the GCC, they were expecting Asia to be its largest trading partner.
by next year.
That's an entirely new set of flows in the last five years.
Brazil's connection into Asia and into China, again, very robust.
They're major partners.
So the world is changing rapidly.
It's adding new corridors.
It's adding new flows.
It's adding new wealth.
And scale is the name of the game.
So Citi is focused internationally, not on retail banking.
We are focused on serving clients who have cross-border needs.
That is a very vibrant strategy.
segment of clients.
Think of individuals that are driving mid-market companies that are growing internationally.
We think of the world's billionaires and wealthy that need access to global markets.
And then we obviously think of investors and corporations that are doing so.
There's a lot of engine of growth
It's going to be 50% of all of the new high net worth households created in the next three years will be created here in Asia.