Citigroup to Unveil Services Business at Investor Day Event, Calling It the 'Crown Jewel' of the Institution from money dance Watch Video
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⏲ Duration: 0:37 👁 View: 615K times ✓ Published: 19-Jun-2024
Description: Citigroup is highlighting its services business, which handles money movement globally, as central to its corporate transformation at an investor day event. This segment is becoming an increasingly important driver of profits for Citi, accounting for almost half of total earnings last quarter. Analysts see this unit processing payments and moving funds between accounts as a \