Citigroup: A Recession Is An Opportunity

Robert Way For Citigroup (NYSE:C) (NEOE:CITI:CA), this is not a repeat of the 2008/2009 financial crisis, nor is it your mother's Citigroup either. The U.S. G-SIB banks such as Citi, JPMorgan (JPM), and Bank of America (BAC) are exceptionally well-capitalized and liquid, and their risk exposures are substantially more benign compared with pre-GFC downturns. In a sense, the post-Dodd-Frank regulatory regime de-risked the large banks to a large extent. Make no mistake about this, I am quite certain Citi ( ...