07:32 AM EDT, 10/16/2024 (MT Newswires) -- Citigroup ( C ) is not under an asset cap and does not expect US regulators to impose one on the bank, Chief Executive Officer Jane Nind Fraser said during the company Tuesday earnings call.

"We do not have an asset cap and there are no additional measures other than what was announced in July in place and not expecting any," said the CEO.

Fraser said Citigroup ( C ) is "working closely" with regulators and has increased investments in its regulatory reporting process, where the company lagged behind.

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