In its early days Citigroup styled itself as a “financial supermarket”, a one-stop shop for all kinds of banking services around the world. But that plan has backfired in recent years. Stepping up to the challenge of repairing the bank is chief executive Jane Fraser, who announced her restructuring plan in September. The FT’s US banking correspondent Stephen Gandel and US banking editor Joshua Franklin discuss whether Fraser can turn the bank around, and if not, what happens to Citi.  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: ‘Get off the train’: Citi’s Jane Fraser sends tough message on big overhaul Jane Fraser: the woman trying to turn Citi around  Citi: Fraser the Razor needs sharper edge in her battle with The Blob  - - - - - - - - - - - - - - - - - - - - - - - - - -  On X, follow Stephen Gandel, (@stephengandel), Joshua Franklin (@FTJFranklin) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In the US, nearly half a million people have gone on strike this year demanding better pay, working conditions and job security. With the FT’s US labour and equality correspondent Taylor Nicole Rogers, we’re zooming in on the strategies that three major labour movements have used in recent months to try and secure new contracts, and whether their efforts could signal a new era of power for unions in America.  Clips from Associated Press - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: US carworkers suspend strike after reaching tentative deal with GM How ‘true believer’ Shawn Fain reignited pro-union fervour in Detroit Hollywood strikes take $5bn bite out of California economy Teamsters boss vows tougher line in US labour talks - - - - - - - - - - - - - - - - - - - - - - - - - -  On X, follow Taylor Nicole Rogers (@TaylorNRogers) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.