With the positive macro environment of a strong U.S. With the heavy lifting of its restructuring and refocusing complete, CEO Michael Corbat can now focus on his two major priorities for the firm: enhancing return on capital and return of capital. domestic market.Īfter nearly a decade of shedding businesses, divesting assets and shoring up its balance sheet, Citi has made significant progress in reinventing the company and refocusing its direction. Citi has a significant interest in developed and developing markets in Asia and Latin America, helping to diversify its revenues and risks from the U.S. With a physical presence in 98 markets around the world, Citi is a global industry leader with a geographically diversified footprint. After teetering on the brink of collapse after the financial crisis, Citi has gone through a lengthy process of paring down its sprawling network and reinventing itself as a more focused organization. ( NYSE: C) has disappointed investors and has underperformed its peers in the U.S. Trading near below book value since the end of the global financial crisis, Citigroup Inc.
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