Citigroup reorganization will make some workers ‘very uncomfortable’

Citigroup CEO Jane Fraser is putting her own stamp on the nation’s third-largest bank with a reorganization that she called the ‘most consequential” change to how Citi operates in nearly two decades, warning that it may make some within the company “very uncomfortable.”

Fraser, who took the top job in early 2021, is trying to boost Citi’s lagging stock performance. Since the beginning of January, it has fallen 7.6%. Over the last 5 years, the stock has fallen 40%, putting Fraser behind…

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