During Conf Call, Citigroup CFO Mark Mason Reportedly Says On Investment Banking Pipeline Says Expects To See Activity Pick Up; Much Of Net Credit Losses In The Quarter Were Tied To Credit Card Portfolios; ACL Build This Quarter Related To Transfe...

+1.44%

Citigroup Inc.

113.41

+1.44%

During Conf Call, Citigroup CFO Mark Mason Reportedly Says On Investment Banking Pipeline Says Expects To See Activity Pick Up; Much Of Net Credit Losses In The Quarter Were Tied To Credit Card Portfolios; ACL Build This Quarter Related To Transfer Risk In Russia, Dividends On Behalf Of Clients That Bank Is Unable To Distribute; Other Portion Of ACL Build Is Related To Specific Companies Downgrades Related To Lending Portfolio; In Subsequent Quarters Headcount Will Likely Continue To Trend Down

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.