The Ripple Effect, Citi’s CFO on Earnings, and “All Bulled Up” 7/14/23
The Exchange
00:00
The Market Hesitancy in Citi's Transformation Plan
Citi trading at less than half of book value at this point in time, quite cheap, relative to peers. Part of the markets hesitation really has been kind of this wait and see approach around your transformation plan. How confident are you that the firm can just withstand these forces and boost the price from here? Yeah, look, there is a lot of uncertainty that's out there. I am very confident.
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