Citigroup Inc (C) Management Grilled Over EM Exposure

During a recent conference call covering second quarter earnings, Citigroup Inc. (NYSE:C) CEO Mike Corbat was repeatedly questioned about the company’s exposure to emerging markets and how he plans to deal with challenges in Asia and Latin America.

Citigroup’s CFO walked listeners Through the Q2 earnings  report

Citigroup Inc. (NYSE:C) CFO John Gerspach walked listeners through the company’s Q2 earnings report, and was painted a positive picture of emerging market activities including 8 percent year-on-year earnings growth in Latin America compared to 4 percent growth in costs and 2 percent...