BRIEF-Citigroup CFO Mark Mason Says We're Hoping That The 90-Day Pause On Us Tariffs Will Allow For Some Breathing Room

Reuters04-15

April 15 (Reuters) - Citigroup Inc C.N:

  • CITIGROUP CFO MARK MASON SAYS WE'RE HOPING THAT THE 90-DAY PAUSE ON US TARIFFS WILL ALLOW FOR SOME BREATHING ROOM

  • CITIGROUP CFO MARK MASON SPEAKS ON MEDIA CALL

  • CITIGROUP CFO SAYS THERE'S OBVIOUSLY A GREAT DEAL OF UNCERTAINTY AROUND TARIFFS, DEREGULATION AND TAX POLICY

  • CITIGROUP CFO SAYS UNCERTAINTY IS PUTTING DOWNWARD PRESSURE ON THE OUTLOOK FOR GROWTH

  • CITIGROUP CFO SAYS WE'RE SEEING A STRONG TRADING ENVIRONMENT IN THE EARLY PART OF Q2

  • CITIGROUP CFO SAYS SEEING INVESTMENT BANKING CLIENTS PAUSE DEALS

  • CITIGROUP CFO SAYS CONSUMER SPENDING HAS HELD UP

  • CITIGROUP CFO SAYS CONSUMER CREDIT CONTINUES TO PERFORM WELL AND IN LINE WITH EXPECTATIONS

  • CITIGROUP CFO SAYS TREASURY MARKETS HAVE CONTINUED TO OPERATE IN A RELATIVELY ORDERLY FASHION AND WE WOULD EXPECT THAT TO CONTINUE

  • CITI CFO MASON SAYS WEALTH CLIENTS ARE CONSIDERING TO MOVE TO CASH-LIKE INSTRUMENTS

  • CITI CFO MASON SAYS RISK MANAGEMENT HAS IMPROVED WITH TRANSFORMATION

  • CITI CFO MASON SAYS BANK HAS INCREASED AUTOMATION AND REDUCED MANUAL PROCESSES

  • CITI CFO MASON SAYS EXPECT TO SEE MEANINGFUL INCREASE IN SPENDING ON TRANSFORMATION THIS YEAR AFTER $3 BILLION LAST YEAR

  • CITI CFO MASON SAYS VERY EASY TO SEE WHY CORPORATE CLIENTS MAY WANT TO SLOW ACTIVITY, PAUSE ACTIVITY, UNTIL THERE'S MORE CLARITY ON ECONOMIC POLICIES

  • CITI CFO MASON SAYS INVESTMENT BANKING PAUSE IS TEMPORARY UNTIL THERE IS MORE CLARITY AND SOME DEALS ARE STILL HAPPENING

  • CITI CFO MASON SAYS HAVE NOT LOST DEALS FOR BEING AN AMERICAN BANK

  • CITI CFO MASON SAYS WE'RE ON TRACK FOR YEAR END READINESS FOR BANAMEX IPO, REGULATORY MATTERS COULD TAKE IT INTO 2026

  • CITI CFO SAYS THERE IS NO TARGET DATE FOR CLOSING CONSENT ORDER

  • CITI CFO EXPECTS DEMAND FOR PRIVATE CREDIT TO ACCELERATE IN CURRENT ENVIRONMENT

Further company coverage: C.N

((Reuters.Briefs@thomsonreuters.com;))

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