Citi Completes Biggest Equity Deal in Asia Since Virus Outbreak

The transcript discusses the impact of the COVID-19 crisis on market volatility and capital raising, highlighting the importance of engaging with senior leadership and adapting strategies. It explores the shift to virtual roadshows, noting increased efficiency and potential for continued use post-pandemic. The global economic response to the crisis is examined, with a focus on liquidity efforts. Citigroup's strategy in China is outlined, emphasizing continued operations and growth. Finally, trends in mergers and acquisitions are discussed, including consolidation and tech disruption.

What is a key strategy for companies during the ongoing market volatility?

• Expanding physical offices

• Reducing workforce

• Raising capital

• Increasing product prices

How has the bank adapted to help clients during remote work conditions?

• By providing digital transaction solutions

• By offering in-person consultations

• By increasing physical branch locations

• By reducing service hours

What is one benefit of conducting virtual roadshows?

• Decreased client engagement

• Increased travel expenses

• Reduced number of meetings

• Improved efficiency and calmness

What is China's approach to ensuring liquidity during the crisis?

• Increasing taxes

• Decreasing government spending

• Conducting Central Bank bill swaps

• Reducing interest rates

How have business interactions changed during the crisis?

• They have become more human and constructive

• They have become more formal

• They have become less frequent

• They have become more contentious

What has been Citigroup's revenue trend in China over the last decade?

• It has remained stable

• It has tripled

• It has decreased

• It has doubled

What trend in mergers and acquisitions is being accelerated by the virus?

• Decreased interest in technology

• Reduced focus on scale

• Increased resistance to consolidation

• Accelerated tech disruption