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From Cleanup to Comeback: Can Citi Finally Close the Gap?
At Citigroup, the narrative is shifting from fixing a "tangled web" of internal systems to a aggressive pursuit of performance. After years of shedding non-core assets like the Banamex retail unit, the bank is finally positioned more strongly than it has been in a very long time. While its valuation has hit its highest level since 2008, a significant gap still remains between Citi and its major U.S. banking peers. Valuation Gap: Citigroup currently trades at roughly a 30% pre
5 hours ago1 min read
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