Citi CEO Fraser Forges a New Path for Her Firm and Employees

The video discusses the future of US banking models, emphasizing technology as a key change driver. It highlights innovations in consumer and institutional banking, with examples from major banks like JP Morgan and Goldman Sachs. Citigroup's strategic focus on equity trading and wealth business is explored. The impact of the US savings rate on loan demand and credit card business is also analyzed, noting the positive effects of consumer spending and liquidity.

How have stimulus payments affected consumer behavior in relation to credit card debt?

What implications does Fraser suggest arise from consumers and corporations having a lot of cash?