Yahoo TV

Citigroup's (C) CEO Jane Fraser took center stage at the bank's investor day, addressing the company's strategic direction with a particular emphasis on its services business. However, Fraser's remarks rattled investors, as she firmly asserted that Citigroup is not the "financial supermarket of the past," instead highlighting the bank's efforts to restructure and streamline various aspects of its operations.

Yahoo Finance's David Hollerith breaks down the details.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Angel Smith