Citigroup (C) Rides on Restructuring Efforts, Fee Income Ails
CCiti(C) zacks.com·2024-05-30 00:05

Citigroup Inc.’s (C) efforts to streamline its core business internationally and the recent organizational restructuring are likely to support its financials. Also, a solid liquidity position will support capital distribution activities. However, escalating costs and challenges in growing fee income are concerns. C’s new organizational structure replaced the existing reportable segment with five new reportable operating segments. The restructuring resulted in streamlining and straight forwarding management ...