"Warren Buffett Urges Citi CEO to Persist with Overhaul"

1 min read
Source: Bloomberg
"Warren Buffett Urges Citi CEO to Persist with Overhaul"
Photo: Bloomberg
TL;DR Summary

Citigroup CEO Jane Fraser revealed that Warren Buffett encouraged her to continue the bank's reorganization efforts during a recent lunch meeting. The billionaire investor's company, Berkshire Hathaway, is one of Citigroup's largest shareholders. Although the details of the conversation were not disclosed, the meeting signals Buffett's support for Citigroup's restructuring plans.

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