Citi Takes Investor Day Virtual After Positive Covid Tests
Citigroup headquarters in New York.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
Citigroup Inc. changed course on holding Wednesday’s investor day meeting in person after two members of senior management, Chief Financial Officer Mark Mason and Paco Ybarra, head of the bank’s institutional clients group, tested positive for Covid-19.
“While we hoped to host our Investor Day in person, health and safety must be our top priority,” Chief Executive Officer Jane Fraser said in an emailed statement Monday. “We believe a virtual format is the right decision given our circumstances, and we remain excited about and committed to presenting our strategy, progress over the last year and our path forward to our investors this week.”