Citigroup Inc. (C) Q2 2023 Earnings Name Transcript

Citigroup Inc. (NYSE:C.PK) Q2 2023 Earnings Name Transcript July 14, 2023 11:00 AM ET

Firm Contributors

Jen Landis – Head, Investor Relations

Jane Fraser – Chief Govt Officer

Mark Mason – Chief Monetary Officer

Convention Name Contributors

Glenn Schorr – Evercore ISI

Jim Mitchell – Seaport International

Betsy Graseck – Morgan Stanley

Mike Mayo – Wells Fargo Securities

Erika Najarian – UBS

Steven Chubak – Wolfe Analysis

Ebrahim Poonawala – Financial institution of America

Matt O’Connor – Deutsche Financial institution

Gerard Cassidy – RBC Capital Markets

Kenneth Usdin – Jefferies

Vivek Juneja – JPMorgan


Hi there and welcome to Citi’s Second Quarter 2023 Earnings Overview with the Chief Govt Officer, Jane Fraser and Chief Monetary Officer, Mark Mason.

Immediately’s name shall be hosted by Jen Landis, Head of Citi Investor Relations. We ask that you just please maintain all questions till the completion of the formal remarks, at which era you may be given directions for the question-and-answer session. Additionally as a reminder, this convention is being recorded at this time. When you’ve got any objections, please disconnect at the moment.

Ms. Landis, it’s possible you’ll start.

Jen Landis

Thanks, operator. Good morning and thanks all for becoming a member of us. I would wish to remind you that at this time’s presentation, which is on the market for obtain on our web site, could include forward-looking statements that are primarily based on administration’s present expectations and are topic to uncertainty and adjustments in circumstances. Precise outcomes could differ materially from these statements as a consequence of a wide range of elements, together with these described in our earnings supplies in addition to in our SEC filings.

And with that, I’ll flip it over to Jane.

Jane Fraser

Thanks, Jen. And good morning to everybody. Whereas this quarter wasn’t as eventful as the primary quarter, it was not with out its moments. The worldwide financial system continues to be remarkably resilient, though the