Corbat Says Citi Won't Charge for Fixed-Income Research

The transcript discusses Citigroup's international presence and its strategic approach to Brexit, emphasizing the company's existing operations in EU countries and its investment in Ireland. It also covers the potential relocation of employees due to Brexit and Citigroup's strategy to maintain business continuity. Additionally, the transcript addresses the topic of research charging in light of MiFID regulations, highlighting the differences between fixed income and equity research pricing strategies.

How does Citigroup's presence in the EU affect its strategy in response to Brexit?

What approach is Citigroup taking regarding charging for research services?