Citi flashes European credentials in Covid-19 crisis

By David Rothnie
06 May 2020

Citigroup is determined to emerge as a winner from the Covid-19 crisis and conquer the summit of global investment banking, in the face of any pull to concentrate more on home markets, writes David Rothnie.

While Covid-19 is a global pandemic, the response has been local and asymmetric. Some economies have been harder hit than others, while those that suffered early on are starting to relax lockdowns.

In the same way, there is evidence that banks have prioritised their home markets when it ...

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