Investment Banking

Citi’s radical overhaul divides staff: Inside ‘Project Bora Bora’

Citi's dealmakers are split on Jane Fraser's revolution. Will she win them over?

It's sink or swim for Jane Fraser as her bold plan marches on
It's sink or swim for Jane Fraser as her bold plan marches on Photo: Sarah Hanson

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When Jane Fraser kicked off in September the most consequential overhaul of Citigroup’s business for 20 years, she said not everyone at the bank would welcome her changes.

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