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Every job I've had since, I still think about my name being on the truck.". In Singapore where Citi had a large operation, low paid staff would receive S$1,200. [133][134] New sales and service centers were also opened in Moscow and St. Petersburg. He lives with a beautiful wife in Manhattan, New York. Mark MasonChief Financial OfficerCitiMark Mason is Chief Financial Officer of Citi, a role he assumed in February 2019. [93][94] As Treasury Secretary, Robert Rubin was said to be influential in lifting the GlassSteagall Act that allowed Travelers and Citicorp to merge in 1998. Why Citi's CFO decided to speak out about George Floyd's death. [186], Citibank moved its credit card operations to Sioux Falls, South Dakota in 1981 after that state eliminated caps on interest rates. He then went on to earn a Master of Business Administration (MBA) degree from Harvard Business School. As of December 31, 2020, it operated 2,303 branches primarily in the United States, Mexico, and Asia. In a The New York Times op-ed, Michael Lewis and David Einhorn described the November 2008 $306 billion guarantee as "an undisguised gift" without any real crisis motivating it. Mark Mason - Black Entrepreneur & Executives Profiles $1 Million - $5 Million. [161][162], In May 2015, the bank announced the sale of its margin foreign exchange business, including CitiFX Pro and TradeStream, to FXCM and SAXO Bank of Denmark. The presentation is expected to begin at approximately 3:20 p.m. (Eastern). He is also on the board of Howard University and Member of Kappa Alpha PSI Fraternity, Inc. "[106] The bailout called for the government to back about $306 billion in loans and securities and directly invest about $20 billion in the company. Mark Manson Net Worth- He has been honored with many awards and accolades during his career. As a result of their assurances that toxic financial products were sound, Citigroup was able to expand its market share and increase profits" and that "the settlement did not absolve the bank or its employees from facing criminal charges. $7. Mason sat down for an interview with Diane Brady for an installment of "The C-Suite Interview," where he talked about his route to the CFO office at Citi. Mason is a social media expert who has helped thousands of businesses grow their social media following and engage with their customers.