Interview

Trump likely to rein in 'overdone' banking rules, Citigroup CEO says

Fraser sees promise in AI investment and 'win-win' Apollo partnership

20250127N Fraser

Citigroup CEO Jane Fraser spoke with Nikkei in Tokyo. (Photo by Takuya Fujisawa)

SAKI AKITA
January 28, 2025 01:48 JST

TOKYO -- U.S. banking regulation under President Donald Trump likely will see "pullback of some of the areas where it has been overdone" and risked limiting growth or access to credit, Citigroup CEO Jane Fraser told Nikkei in a recent interview.

Edited excerpts from the interview follow.

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