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Insights: How Citigroup Balances Digital and Traditional Banking

June 20, 2019 00:00 AM UTC
- Updated May 05, 2020 18:01 PM UTC

CEO Michael Corbat explains how the company is running "two banks" to meet customer needs.

Transcript

ADAM LAHINSKY: Adam Dell who is now with Marcus, the Goldman Sachs unit, he said there's only two kinds of banks-- those who are screwed and those who don't know that they're screwed. Which one is Citi? MICHAEL CORBAT: Well, it's a bit of a Hobson's choice. But I think you're screwed if you're in d...

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