Citigroup – Many Moving Parts and Confused Mexican Exit
Equity Bottom-Up165 Views, 17 Jan 2022 00:24
EXECUTIVE SUMMARY
- Weaker Result Across Almost All Geographic Segments - Led By Negative Jaws;
- Credit Modestly Weaker, Although Reserve Coverage Remains Strong. Watch For Credit Turn; and
- Progress On Asian Consumer Exits, But Sea Change In View On Mexico.