Citi CEO Corbat Calls Alwaleed a Loyal Supporter

The transcript discusses recent events in Saudi Arabia, including the arrest of Prince Ali bin Talal, a major shareholder in Citigroup. The speaker highlights the challenges in understanding the situation due to limited information. Prince Alwaleed's long-term support for Citigroup is acknowledged, despite the current uncertainties. The discussion also touches on Saudi Arabia's Vision 2030 and the societal transformations underway, including the appointment of a woman to lead a regional franchise, reflecting progressive changes.

What recent event in Saudi Arabia has cast doubt on Citigroup's plans?

• A new economic policy

• A change in government leadership

• A natural disaster

• The arrest of Prince Ali bin Talal

How is Prince Ali bin Talal described in relation to Citigroup?

• An external consultant

• A new investor

• A long-time supporter

• A competitor

What societal transformation is mentioned in the context of Saudi Arabia?

• Introduction of a new currency

• Appointment of a woman to lead a regional franchise

• A shift to renewable energy

• A new educational reform

What is Vision 2030 in the context of Saudi Arabia?

• A new political party

• A cultural festival

• A technological innovation

• A plan for economic and societal transformation

What is the general sentiment towards the changes happening in Saudi Arabia?

• Skepticism

• Encouragement

• Indifference

• Opposition