The lawyers and hedge funders are out at Citigroup (C), and bankers are in charge for the first...

|About: Citigroup Inc. (C)|By:, SA News Editor

The lawyers and hedge funders are out at Citigroup (C), and bankers are in charge for the first time since John Reed retired in 2000, writes Sandra Ward in a bullish Barron's piece. Distinguishing Citi from its peers is 58% of revenue coming internationally vs. JPM and BAC in the teens - a big edge with U.S. growth crimped by regulations and the economy. In the nearer term, shareholders should enjoy massive capital returns as toxic paper at Citi Holdings is wound down (CH has 8% of bank assets, but ties up 20% of capital), and growing profits allow the use of Citi's $55B in tax deferred assets.