(Reuters) - Citigroup Inc Chief Executive Officer Jane Fraser expressed confidence in the U.S. banking system after a series of U.S. bank failures rattled investors and fueled turmoil across global financial markets. The banking sector is "pretty sound," despite high-profile bank closures, Fraser told the Economic Club of Washington D.C. "This is not a credit crisis," she said.
Citigroup CEO says 'this is not a credit crisis' after US bank failures
(Reporting by Lananh Nguyen and Saeed Azhar; Editing by Sandra Maler)