Citigroup’s ruthless remake
FT News BriefingWall Street banks are set to report their biggest haul from investment banking fees in four and a half years, while Citigroup boss Jane Fraser has ruthlessly rebuilt the bank to get it back to its pre-financial crisis glory. The US launched another round of strikes against Iran, and trustees at the World Economic Forum are clashing over leadership reforms.
Mentioned in this podcast:
Wall Street feasts on fees from SpaceX IPO and mega-mergers
Jane Fraser’s ruthless remake of Citigroup
Iran bets Trump will blink first
US and Iran exchange fresh strikes in battle over Strait of Hormuz
World Economic Forum trustees clash over leadership reforms
Want to get in touch? Email us at podcasts@ft.com
Note: The FT does not use generative AI to voice its podcasts
The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.
Read a transcript of this episode on FT.com
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FT News Briefing is a rundown of the most important global business stories you need to know for the coming day. Hosted by Marc Filippino and available every weekday morning wherever you get your podcasts.
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