EUROPEAN bank presentations used to be filled with graphs of assets that sloped pleasingly upward.
The numbers and presentation differ slightly in all of them and often differ from other banks' presentations, stirring a struggle among outsiders to compare apples and bananas.
After Bank's presentation on the new draft, Soumya Dutta, Convener of the Beyond Copenhagen Collective in India, read a CSO statement outlining many mal-designs in the draft policies and informing the Bank of the decision of CSOs to reject the new draft upfront: "The protections you now seek to dismantle -- the safeguards that we fought for over decades -- do not belong to you.
But staff at Citigroup's Hong Kong offices got a reminder of what was expected recently, according to Business Insider, after the US bank sent a presentation to its local staff detailing the dos and don'ts of office attire.
After having retreated to showing in the Rykiel boutique on the Left Bank, this performance presentation was on a long runway, the better for the models to ham up Parisian gaiety.
About 20percentt of the unit's available funds, or $11 billion, came from Citi itself (rather than clients), according to the bank's April 18 , 2008 presentation to investors.
The bank usually makes presentations to investors around this time of year but this year's meeting in Hong Kong came at a particularly challenging time.
The so-called beauty parade of investment banks is a key step in the preparations for any I.P.O., and the fact the bank has invited presentations is a concrete sign that it is pushing ahead with a listing in Shanghai and Hong Kong, possibly before the end of this year.
In a presentation to bank lenders in April, the company said that it hoped to increase revenue by $1.1 billion and cut costs by $910 million a year.
"Robots can supplement services by performing tasks that our human workers can't, such as 24-hour banking and multilingual communication," Takuma Nomoto, chief manager of information technology initiatives at the bank, said at the presentation, according to Bloomberg.
