Bird lauds Asia contribution to Citi results

Stephen Bird, chief executive of Citi Asia, writes to regional staff, highlighting "solid results in a challenging year" as global net profit misses analyst expectations.

Bird lauds Asia contribution to Citi results

When an internal memo pops into your inbox with the words “significant”, “momentum”, “achievements” and “successful” dotted throughout, you know you can probably rest easy for a while.

And thus was the case as Stephen Bird broke down Citi’s fourth-quarter results for staff in Asia, some of whom were possibly spooked by the headline numbers that poured out of head office in New York on Thursday.

The message global profit might have...

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