Citigroup and the 'financial supermarket' experiment | FT Film

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains.

It's really impressive how Citi shares plunged from $600 each to around $45... And it's not recovering

As a former Citi employee who worked in numerous roles, I agree that the bank is way too large and complex. This is especially evident with operations spread across so many countries. Also, the whole Revlon fiasco is indicative all the internal problems with very anitiquated technology. Simplification is definitely the way forward. Hopefully the CEO is successful with the current and much needed restructuring effort.

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

I can’t lie a Wells Fargo employee being your banking sector interviewee and having that person speak poorly about citi bank is ironic

Loved the presentation. Learnt a lot about Citi's history and got a better sense of why it stands where it stands today.

11:11 Bancassurance works in France for two reasons : - French banks made loan insurance mandatory (you can't get a mortgage without insuring it), and for decades they forced customers to buy the insurance in their own insurance subsidiaries. That's no longer working (lawmakers destroyed that monopole, step by step, and now you can chose, and even change your loan insurer and oh miracle, loan insurances prices went down quickly). - the main form of financial savings account here works and is regulated as a form of insurance - we call that life insurance but it's very different from american life insurances. Since they had to operate in the insurance buisness anyway, and already had insurance subsidiaries with staff, HQs, etc, banks later developped a full offer of insurances (car, renters insurance, etc.) with correct prices. Interstingly, the reverse bancassurance (or assurbanque), insurers going in the retail banking business, never worked. Only AXA maintains a bank subsidiary, and it's not a big player, it's a niche online bank for high income households.

Overall, 51% of investors think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025

10:57 We need another video discussing how the French insurance banks are successful while the US insurance and bank combination attempts fail

Great documentary having worked at Citi. The model of being banker to the large global corporates was really Centre of plate and great bread and butter business! Watching the turnaround with great anticipation and cheering from the sidelines ! Wishing the Citi team all the best!

Love this kind of content - very interesting. Thanks.

Amazing documentaries FT PLEASE KEEP THIS UP

That music goes with stunning beginnings of next starting . This is where you needed the brilliance of Jamie Dimon !!.

Awesome video, random suggestion. Thanks FT!

This is where you needed the brilliance of Jamie Dimon !!

I wish Citigroup would accidentally send me $900M. Though I imagine that my bank would highlight it as an error.

I'm confused, if I was accidentally transferred just £500 I've been told it's theft to not make the nak aware so they can recollect it. So how can Reckon just get away with such theft??!!

ng the OTC market. This strategy is insane; if we find a good moment, yes, we are in trade there to win it up. I have already done this test and will post you now. Keep the great strategies posted. Many many thx. You and your channel rocks and we are learning from it very fast.ilDamn...! You are just kil

4ra’s system is so transparent, love how they handle their draws and bets 🎲🔍

The feedback loop with 4ra is amazing, they actually listen and improve! 📣👂