"Today's changes don't reflect any desire to alter strategic direction," says new Citigroup (C)...

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

"Today's changes don't reflect any desire to alter strategic direction," says new Citigroup (C) CEO Mike Corbat, along with Chairman Mike O'Neill, currently holding a conference call (webcast). Why the changes then? As for selling businesses, Corbat says he will take a fresh look, but promises nothing. Both CRO Brian Leach and CFO John Gerspach "are committed" to staying.