Citi CEO Fraser on Private Credit: Is It a Tug of War or a Team Sport?
Citigroup CEO Jane Fraser, speaking during a panel discussion at the Future Investment Initiative in Saudi Arabia, struck a tone of skepticism and uncertainty on what’s ahead for the private...
By Bloomberg Markets · Bloomberg Markets
Citigroup CEO Jane Fraser, speaking during a panel discussion at the Future Investment Initiative in Saudi Arabia, struck a tone of skepticism and uncertainty on what’s ahead for the private credit market, asking: "Is this a tug of war or a team sport?" It’s her hope, she said, that private credit will emerge a team player and work together with other forms of financing to offer more solutions that can drive development in things like AI. (Source: Bloomberg)