Citigroup CEO: ‘The banking system is pretty sound’

Citigroup CEO says banking system ‘pretty sound’ after failures of Silicon Valley Bank, Signature Bank

Citigroup Inc CEO Jane Fraser on Wednesday expressed optimism in the nation's banking system despite the failures of Silicon Valley Bank and Signature Bank.

Citigroup CEO says ‘this is not a credit crisis’ after US bank failures

(Reuters) - Citigroup Inc Chief Executive Officer Jane Fraser expressed confidence in the U.S. banking system after a series of U.S. bank failures rattled investors and fueled turmoil across global financial markets.    The banking sector is "prett...

Citigroup CEO declares 'this is not a credit crisis' after U.S. bank failures

By Lananh Nguyen and Saeed Azhar (Reuters) -Citigroup Inc CEO Jane Fraser on Wednesday expressed confidence in U.S. banks after a series of closures ...

Citigroup CEO says ‘this is not a credit crisis’ after U.S. bank failures

Citigroup Inc chief executive officer Jane Fraser expressed confidence in the U.S. banking system after a series of U.S. bank failures rattled investors.

Citi CEO Jane Fraser Says 'This Is Not A Credit Crisis' - Citigroup (NYSE:C), First Republic Bank (NYSE:FRC)

Citigroup CEO declares 'this is not a credit crisis' after US bank failures

"The banking system is pretty sound," and large and regional banks are well-capitalized, Fraser told the Economic Club of Washington D.C. on Wednesday. "This is not a credit crisis. This is a situation where it's a few banks that have some problems, and it's better to make sure that we nip that in the bud," she said.