Citigroup 4Q Fixed Income Revenue Tops Estimates

The transcript discusses Citigroup's financial performance, highlighting better-than-expected fixed income trading and challenges in equities trading, partly due to Steinhoff. It covers credit costs, efficiency ratios, and the impact of tax reform on capital return strategies. The discussion also touches on loan and deposit growth, emphasizing Citigroup's credit card focus and holiday spending effects.

What was the efficiency ratio for Citigroup, and how did it compare to expectations?

• 62%, better than expected

• 55%, worse than expected

• 58%, better than expected

• 60%, as expected

What was the approximate cost of credit for Citigroup?

• 1.5 billion

• 2.5 billion

• 2.1 billion

• 3.0 billion

How much capital does Citigroup plan to return over the next few years?

• 50 billion

• 60 billion

• 70 billion

• 80 billion

What was the year-on-year growth in Citigroup's loans?

• 5%

• 7%

• 10%

• 3%

What factor contributed to the increase in Citigroup's loan balances in December?

• Increased interest rates

• Higher credit card fees

• Good holiday spending

• Reduced credit limits