The future, Jane Fraser said on Monday, is “already here”. It is – and it is Asia.
In her incoming message, Citi’s new CEO talked up the need to adapt to a rapidly evolving world and to transition to a model that unlocks long-term value.
She went long on ESG and sustainability, dotted her script with values-based messages and committed the US bank to hitting net-zero emissions by 2050.
But was a far bolder mission statement begging to be made? The first woman to run a big Wall Street bank could have put Asia at the heart of her speech.
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