Citigroup Inc. (C) Presents at Morgan Stanley US Financials, Payments & CRE Conference 2025 Transcript

Citigroup Inc. (NYSE:C) Morgan Stanley US Financials, Payments & CRE Conference 2025 June 10, 2025 7:30 AM ET

Company Participants

Vis Raghavan - Corporate Participant

Conference Call Participants

Betsy Lynn Graseck - Morgan Stanley, Research Division

Betsy Lynn Graseck

All right. So thank you so much for joining us this morning. I have to read the disclosure first for important disclosures. Please see the Morgan Stanley research disclosure website at morganstanley.com/researchdisclosures. Taking a photograph and the use of recording devices is also not allowed. This is meant to -- if you have any questions, please reach out to your Morgan Stanley sales representative.

Question-and-Answer Session

Betsy Lynn Graseck

Okay. Thank you so much with that out of the way. We are delighted to have with us this morning Vis Raghavan. Thank you so much, Vis for joining us this morning.

Vis Raghavan

Betsy, thanks for having us, and thanks for hosting us all here, and a pleasure to be here. Good morning, everyone.

Betsy Lynn Graseck

And for those of you who may not know Vis. Vis joined Citigroup last year as Head of Banking, responsible for investment banking, corporate banking and commercial banking. And he is also Executive Vice Chair, where Vis helps shape and drive firm-wide strategy. Now Vis, you are overseeing what I would call a renaissance in Citi's investment banking businesses with share gains in several businesses. And I first want to dig into your management style before turning to the numbers. So first off, what did you expect when you took this job? And what did you see? And how did that compare with what you expected?

Vis Raghavan

So I've always admired Citi from the other side. I mean, they've been formidable competitors. You've come head-to-head with them on bake-offs and client situations. And I've seen some amazing