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Citi CEO Fraser says she’s still hiring dealmakers as banker job cuts loom
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Citigroup Chief Executive Jane Fraser said that the US bank would continue to hire senior dealmakers even as the sector eyes cuts after a downturn during the first half of 2022.
Fraser said that the bank was "deadly serious" about making investments into its dealmaking unit, despite a 46% decline in investment banking fees during the second quarter.
She...
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