Citigroup: Finally Turning The Corner?

May 16, 2023 10:49 AM ETCitigroup Inc. (C) StockBAC, JPM, C10 Comments
Ironside Research
3.72K Followers

Summary

  • Citigroup has long been plagued by issues dating back to the great financial crisis.
  • However, the recent regional banking crisis has proved a boon for large banks such as Citi.
  • We believe the new vision of management is showing signs of success.

Citibank To Cut 11,000 Jobs

Mario Tama

Background

Over the last forty years, one trend has remained un-bucked: the consolidation of commercial banking in the United States. According to the now-discontinued report on commercial banks in the U.S., the total number has dropped from more than

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