Mike Mayo Says Citigroup Is Still a Buy

The video discusses Citigroup's stock underperformance under CEO Jane Frazier, focusing on the impact of Basel 3 capital rules. It highlights Citigroup's strong credit quality, low exposure to commercial real estate, and strategic buyback plans. The discussion also covers future prospects, including potential stock value increases and strategic divestitures to simplify operations.

How does Citigroup's exposure to commercial real estate compare to other banks?

What are the implications of Citigroup's stock buyback strategy for investors?

In what ways is Citigroup expected to change under CEO Jane Fraser's leadership?