Citi's institutional franchise creates deep client entrenchment through integrated cross-selling across Services, Markets and Banking, where multi-product relationships spanning treasury, payments, FX and custody make switching prohibitively disruptive for corporate clients who have embedded Citi's infrastructure into their global operations over decades
the thesis · admitted · the reason above is the thesis, not printed twice
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedtwo sentences · whole, uncut
the claims it rests on · in our words, not the filing’s