Finance
Citi Brushes Off Concerns Over Its Exposure to Global Trade War
This article is for subscribers only.
Citigroup Inc.’s global footprint positions the bank to benefit as clients tap its money-moving operations to shore up their finances during an emerging trade war, the company’s leaders said.
In response to questions on its earnings call Tuesday, top executives sought to reassure investors that the bank’s geographical exposure is an asset, not a liability, as President Donald Trump shakes the global economy by raising tariffs on countries around the world.