How would you assess Citigroup’s position in Asia?
I’m really pleased with the platform we have in Asia. In the front end we’re very strong: in investment banking, equity capital markets, debt capital markets and corporate banking. In GTS [global transaction services], we have a huge sales force in Asia covering thousands of corporates. This 1,200 people-strong front end allows us to cover our companies deeply, to establish a long and deep relationship.
Your competitors argue that if Citigroup ever got its act together in terms of cross-product selling, it would be a formidable opponent.
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