What is the primary reason for Citigroup's strategy shift to increase expenses in the near term?
Citi CEO Fraser Sets Out to Transform Bank

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Business, Life Skills
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To reduce the number of business operations
To become more competitive and gain market share
To focus solely on profitability
To cut down on regulatory issues
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge Citigroup is facing according to the first section?
Lack of investor interest
Regulatory issues
High employee turnover
Decreasing customer base
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the upcoming year critical for Citigroup?
To relocate their headquarters
To finalize a merger with another bank
To demonstrate they can grow and not just shrink
To launch a new product line
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Citigroup's market performance compare to Sofi's?
Sofi is struggling more than Citigroup
Citigroup is outperforming Sofi
Both are performing equally well
Sofi's stock has performed better despite challenges
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What marketing strategy has contributed to Sofi's recent success?
Offering discounts on services
Reducing marketing expenses
Focusing on viral influencers
Expanding into international markets
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