Citigroup has exceeded expectations in its first-quarter financial results for 2024, boasting notable gains primarily driven by an increase in investment banking fees.
![PHOTO: Citigroup](https://krugmaninsights.com/wp-content/uploads/2024/04/citi-1024x627.webp)
These positive outcomes are indicative of the success of CEO Jane Fraser’s strategic restructuring initiatives intended to streamline operations and