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New York Post
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Jane Fraser on hunt to put the old Citi back together

1. Citigroup aims to re-enter the brokerage market after a decade-long absence. 2. CEO Jane Fraser's strategy includes expanding wealth management services. 3. Citi shares have risen 47% amid positive responses to Fraser's leadership. 4. Recent market conditions may allow Citi to acquire smaller brokerage firms. 5. Potential targets include Stifel and Raymond James for strategic growth.

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FAQ

Why Bullish?

Citigroup's reinvestment into brokerage aligns with market growth trends. Historical examples show recovery post-acquisitions improve market positions swiftly.

How important is it?

The strategic shift toward retail brokerage signals a potential revitalization, likely influencing investor confidence positively.

Why Long Term?

Expanding brokerage services could yield sustainable growth, relying on a shift in wealth management as a consistent revenue stream over time.

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