Catherine Murray
Catherine Murray
boston dominance issues risk sensitive
From a competitive standpoint, probably the most sensitive issues are in the Boston and Massachusetts areas, ... There's going to be some risk to Fleet's dominance there, but I'm not really concerned.
activity bank believe bounce fraudulent highly history knowingly market related stocks unlikely
We believe it is unlikely that Citigroup knowingly participated in fraudulent activity related to Enron, and history suggests bank stocks bounce highly after a market crisis.
ease expect less
We think there is at least one more ease coming; but thereafter, we expect the eases to be less aggressive,
additional america cents charges consensus fact harder latin magnitude order principal reason related versus
The principal reason for Citigroup's shortfall versus consensus was the 10 cents of charges related to Latin America, which were expected. The order of magnitude was harder to ascertain but the fact that they were going to have to take additional charges was expected.