Citigroup Executive Said to Plan Departure

The transcript covers three main topics: Shire's acquisition by a British company and its tax implications, leadership changes and fraud allegations at Citigroup's Mexican unit, and the introduction of insurance coverage for egg freezing by Apple and Facebook.

What was the primary reason for the acquisition of Shire?

• To expand market share in Europe

• To cut its tax bill by moving its legal address

• To acquire new technology

• To enter the pharmaceutical industry

What challenge is Citigroup's Mexican unit facing?

• Declining profits

• Allegations of fraud

• A hostile takeover

• Regulatory fines

Who is planning to retire from Citigroup's Mexican unit?

• Michael Corbat

• Tim Cook

• Sheryl Sandberg

• Manuel Medina Mora

What benefit did Facebook start offering in January?

• Insurance coverage for egg freezing

• Free gym memberships

• Paid parental leave

• Stock options

How much coverage does Facebook offer for egg freezing procedures?

• $25,000

• $20,000

• $15,000

• $10,000