Citigroup's consumer bank is trying to jumpstart revenues, and it thinks its 28 million US credit-card customers are a golden opportunity
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ValueAct Capital
Citi
CFO Mark Mason
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JPMorgan Chase
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Citigroup
Jud Linville
Mason
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Summary
Citigroup is trying to jumpstart revenues in its retail-banking business, and it thinks the company's 28 million US credit-card customers represent a golden opportunity. But a slim portion of Citi's branded credit-card customers have a banking relationship — penetration is in the low single-digits, Mason said.
As said here by Alex Morrell