Present - Citigroup

More documents

Recommendations

Info

Citicorp – North America Consumer Banking3rd largest issuer of cardsLend-centric model under pressure:− Legislative and regulatory limits onrisk-based pricing− Consumer deleveraging, spendingless− Smaller but more profitable business23MM open accountsRedefining business model$83B of managed (1) loans− More reliance on convenience ofpayments$167B in annual sales, ~2 billion purchasetransactionsReengineering cost base to make it morevariableAverage spend of ~$8,900 per activeaccount, average balance of ~$4,400(1) Managed metrics are non-GAAP financial measures. Please see page 33 for additional information on these measures.21
Citicorp – International Consumer Banking Focus on Emerging Markets20 countries represent over 80%of Emerging Markets revenue pool (1)– EM countries represented ~90% of 2009Rest of EM18% 21%ChinaInternational RCB revenuesNext 5 (2)10%S. Africa 2%13% Brazil– Critical mass in key cities throughTurkey2%10%branches, enhanced using alternativeThailand 3%5% 9% Russiachannels and perceptual scaleTaiwan 4%4%KoreaIndia Mexico Targeting the mass affluent Leader in cards– Top 3 in 20 countries– 10% share in emerging markets2009 Citi Int’l RCB Revenues: $15.5B5BRest of Int’lRCB 23% 24% Mexico– Co-branding with top local and globalcorporations Citigold – strong mass affluentpropositionpNext 5 (3) 9% 9% BrazilIndonesia 2% 4% 6%Australia5% Japan5%5%India4%4% TaiwanKoreaSingapore HongKong(1) 2010 estimated financial services revenue pool including retail banking, cards and LCB 2008 revenue pool (source McKinsey). (2) Next 5: Hong Kong,Indonesia, Poland, United Arab Emirates, Saudi Arabia. (3) RCB next 5: Poland, Malaysia, Thailand, Turkey, Colombia.Note: Developed markets comprise the U.S., Canada, Western Europe, Japan, Australia and New Zealand.22
Page 1 and 2: Citigroup Financial Services Confer
Page 3 and 4: Citigroup - Progress Over The Last
Page 5 and 6: Citigroup - Progress Over The Last
Page 7 and 8: Citigroup Reorganization2009 ($B)Ci
Page 9 and 10: Citi Holdings - Special Asset PoolN
Page 11 and 12: Citicorp - America’s Global Bank
Page 13 and 14: Emerging Markets: A Growing Opportu
Page 15 and 16: Citicorp - Transaction ServicesKey
Page 17 and 18: Citicorp - Securities and BankingSt
Page 19 and 20: Citicorp - Regional Consumer Bankin
Page 21: Citicorp - North America Consumer B
Page 25 and 26: Adjusted Return On AssetsNet Income
Page 27 and 28: Adjusted Return On AssetsNet Income
Page 29 and 30: Citigroup - Managed (1) Assets(EOP
Page 31 and 32: Fundamentally Different Company Gro
Page 33 and 34: Non-GAAP Financial MeasuresRECONCIL

Present - Citigroup

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?