Citi Announces $20B Buyback

The video discusses Citigroup's strategic plans under CEO Jane Frazier, focusing on capital plans and share buybacks. It highlights Citigroup's financial performance, noting record revenues but persistent cost challenges. The video also covers changes to Citigroup's 401K contributions for high-earning employees and the implications for talent retention.

What is the initial amount Citigroup plans to start with in their multi-year share buyback plan?

• $1.5 billion

• $5 billion

• $10 billion

• $20 billion

Which of the following sectors did NOT contribute to Citigroup's record revenue in 2024?

• Investment Banking

• Corporate Banking

• US Personal Banking

• Wealth

What is the new maximum 401K contribution for Citigroup's highest-earning employees?

• $18,000

• $21,000

• $15,000

• $12,000

How many days a week are Citigroup employees allowed to work remotely?

• Five days

• Four days

• Two days

• Three days

What is the minimum annual salary for Citigroup employees affected by the 401K contribution reduction?

• $250,000

• $200,000

• $150,000

• $100,000