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Citigroup Inc. (C) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

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Citigroup Inc. (C) Barclays 24th Annual Global Financial Services Conference September 14, 2026 3:30 PM EDT

Company Participants

Gonzalo Luchetti – Chief Financial Officer

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Conference Call Participants

Jason Goldberg – Barclays Bank PLC, Research Division

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Presentation

Jason Goldberg
Barclays Bank PLC, Research Division

For our last presentation today, very pleased to have Citigroup. As a reminder, on the table to my left in the back are our posters and marketing decks that we’ve been advertising all week. So feel free to grab hard copies on your way out. Wrapping up today’s session is very pleased to have Citigroup — from the company, Gonzalo Luchetti, Chief Financial Officer for the past 6 months or so. Prior to that, he was Head of U.S. Personal Banking. Welcome.

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Gonzalo Luchetti
Chief Financial Officer

Thank you for having me. Thank you, Jason.

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Question-and-Answer Session

Jason Goldberg
Barclays Bank PLC, Research Division

Maybe the best place to start is kind of big picture, start on the corporate side of the house, but we’ve seen a constructive backdrop of corporate activity for much of the year. Just maybe update us in terms of what you’re currently hearing in terms of client sentiment and the like.

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Gonzalo Luchetti
Chief Financial Officer

Yes. Thanks. So we continue to see strong financing activity. Capital markets are broadly open across both equities and bonds. There’s a bit of a bifurcation with certain industries like technology, AI, of course, shipping also on the back of some of the supply shortages and energy where you’re seeing a fair bit of capital-intensive needs and projects that are coming up versus some other pockets like auto or consumer where you see margin pressure.

Of course, we’re watching out for geopolitics and what role that can play or AI as well. But it’s also true, and we have

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