Citigroup's Jane Fraser said the U.S. bank will continue to expand its Chinese business, China's new financial regulator said, during her first visit to the country since becoming CEO.
People walk past a Citibank branch in New York August 21, 2012. REUTERS/Brendan McDermid /File PhotoJane Fraser said the U.S. bank will continue to expand its Chinese business, China's new financial regulator said, during her first visit to the country since becoming CEO.
As Beijing pushes to attract more foreign capital, the National Financial Regulatory Administration said that Fraser held a meeting on Monday with its head Li Yunze.China's multi-trillion dollar financial industry, excluding the securities sector. The NFRA said in a statement on Wednesday that Fraser and accompanying executives said they are "fully confident in China's economic and financial growth" and Citi "will play to its strength and continue to expand its business in China".
The CEO also held meetings with Citi staff and clients, which include some of the largest U.S. multinational companies with presence in China, a Citi spokesperson said. Fraser's first trip to China since taking up the CEO role in March 2021 follows a visits by JPMorgan's chief Jamie Dimon last week and by other
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Citigroup CEO pledges to Beijing to continue China expansionCitigroup's CEO Jane Fraser said the bank will continue to expand its business in China during her first visit to the country this week as the U.S. firm's chief, amid Beijing's push to attract more foreign capital.
続きを読む »
China, US talks in Beijing strike upbeat tone but risks remainMeetings between senior U.S. and Chinese officials in China this week struck an upbeat chord, with both sides agreeing to maintain communication lines, even as Beijing remains leery of more 'provocative' U.S. moves and open clashes are still a risk.
続きを読む »
China, US hold 'frank' and constructive talks in BeijingThe meeting was part of ongoing efforts to maintain open lines of communication and build on recent high-level diplomacy between the two countries, the US State Department said.
続きを読む »
US venture capital titan Sequoia to split off China business amid tension with Beijing | CNN BusinessVenture capital titan Sequoia is splitting its business into three independent partnerships, each with separate brands. The Silicon Valley-based firm’s expansive investments in China will become their own unit.
続きを読む »
Merck CEO says decoupling from China would be at huge economic costThe CEO of German technology group Merck KGaA said that unravelling trade ties with China would come at great economic costs and that she was banking on dialogue to ease tensions between Beijing and Western powers.
続きを読む »
Pirelli’s Italian CEO Seeks to Curb China’s Grip on TiremakerMarco Tronchetti Provera wants the Italian government to help him sideline a Chinese state-owned investor, warning that the company’s independence is at stake.
続きを読む »