Citi's 2019 Firings Leave a Who-Gets-the-Blame Hangover

What was the primary reason for Citigroup dismantling its Asia high-touch equity sales trading desk?

• To merge with another bank

• To focus on other regions

• Due to regulatory pressure and misconduct

• To reduce operational costs

What is a significant cultural issue highlighted in Citigroup's equities business?

• Inadequate training programs

• Pressure to generate revenue leading to misconduct

• Lack of diversity

• Poor customer service

How is Citigroup perceived as an employer in the trading industry?

• A leader in technological innovation

• A stable and risk-free environment

• A challenging place with potential for turnaround

• The best performing bank

What was the main issue with Citigroup's Australian block trade?

• Regulatory intervention

• Lack of investor interest

• Overvaluation of the stock

• Incorrect pricing and market reaction

What is a key challenge for Citigroup in managing trading risks?

• Over-reliance on technology

• Balancing risk and reward effectively

• Inability to predict market trends

• Lack of experienced traders