Citigroup Inc Q3 2023 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Erika Najarian - UBS Investment Bank, Research Division - Analyst : You've talked a lot about defense as I like to call it, in terms of the transformation that you noted that Jane had outlined and bending the expense curve. But I'm wondering for -- both Jane and Mark, if you could sort of address what I think is probably the most debated part of your target, which is that revenue CAGR of 5%. And you put up a very nice quarter in terms of revenues, both in net interest income and fees. And maybe help us sort of look underneath the surface in terms of that momentum and maybe break it down in terms of what's really going well? I think TTS continues to surprise to the upside. I'm going to take, are we going to be -- 2 years from now, we're like, oh, well, TTS is continuing to do it well. So what are the businesses that really sort of strong secular momentum that you feel is being under recognized versus how you could position cyclically and hire for longer? And what is still to come as we think about that path to -- at least enumerate about RoTCE target?