Citi CFO on Market Risks, Fed, Headcount, Clean Energy

The video features a discussion with Mark Mason, CFO of Citigroup, at the RBC Financial Services Conference. It covers Citigroup's response to climate protests, economic risks, and potential recession. Mason outlines Citigroup's strategy to manage these challenges, emphasizing risk management, talent acquisition, and geographical expansion to better serve clients. The conversation also touches on the impact of interest rates and the importance of maintaining strong client relationships.

What is Citigroup's approach to handling climate financing protests?

• Ignoring the protests

• Engaging with activists and incorporating their views

• Accelerating the energy transition immediately

• Focusing solely on profit maximization

What economic condition does Citigroup anticipate in the second half of the year?

• Rapid economic growth

• Stagnation

• A severe recession

• A mild recession

How does Citigroup plan to manage its headcount amid macroeconomic challenges?

• By outsourcing all operations

• By making strategic hires and replacements

• By freezing all hiring

• By laying off a significant portion of staff

Which business area showed strong performance for Citigroup?

• Real estate

• Treasury and Trade Solutions

• Investment banking

• Retail banking

What is a key focus for Citigroup in managing risk?

• Ignoring market conditions

• Increasing risk exposure

• Setting and adhering to risk parameters

• Eliminating all risk

How does Citigroup view the role of talent in its business strategy?

• Talent is not a priority

• Talent is crucial for competitive advantage

• Talent is only important in New York

• Talent is secondary to technology

What is Citigroup's strategy regarding geographic expansion?

• Focusing only on New York

• Expanding based on client demand

• Avoiding expansion due to costs

• Expanding only in Europe