Citigroup Chief Executive Jane Fraser That’s Citigroup Inc.’s Chief Executive Jane Fraser, who is adding her voice to optimism on Wall Street around a long-expected pickup in investment-banking activity.

Citigroup Inc. Chief Executive Officer Jane Fraser said that clients who’d been waiting on the sidelines to do deals are focused on moving forward with mergers and acquisitions as they see that scale is needed to compete.

Former executives fired off a five-page tirade to Citi’s board demanding that cracks down on huge payouts and rein in spending on external consultants

Citigroup Inc. Chief Executive Officer Jane Fraser says there is a lot of "pent-up demand" on Wall Street for deals. She also expects the Donald Trump administration to be pro-growth. She talks about all that and the bank's turnaround plan with Bloomberg's Sonali Basak at Citi's headquarters in New York.

Citigroup CEO Jane Fraser sees a surge in M&A activity post-Trump win, with clients eager to make deals and capitalize on pent-up demand.