The report's writers claim to have seen one investment bank presentation that looked at a scenario of a 30% cut in total content spend, and a 10% cut in marketing spend.
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.
"Too Big To Fail, or What's Still Terribly Wrong with Banking", slide presentation at American Bar Association Meetings.
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.
Leaders from 500 Startups, Andreessen Horowitz and Silicon Valley Bank have given presentations, and Uber general counsel Salle Yoo delivered a talk and answered questions on September 26.
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.
" The False Tradeoff Between Economic Growth and Bank Capital," slide presentation by Anat R. Admati.
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.
"You've got people doing internet banking, documents and presentations on a phone or an iPad, and as the power of these devices has increased, you have things like iMovie and iPhoto too," he says.
