Exclusive-Citigroup Sees Loan Book Hit in Climate Action Ramp-Up, Document Shows usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
By Isla Binnie, Tatiana Bautzer and Pete Schroeder NEW YORK/WASHINGTON (Reuters) - Citigroup could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate change, according to a confidential analysis pre.
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Citigroup CEO Jane Fraser said U.S. consumers are becoming more cautious with their spending, making smaller purchases. Consumers remain healthy and resilient, Fraser told.
By Tatiana Bautzer NEW YORK (Reuters) - Citigroup CEO Jane Fraser said U.S. consumers are becoming more cautious with their spending, making smaller purchases. "Consumers remain healthy and resilient," Fraser told shareholders at the bank's annual .