(Bloomberg) -- Citigroup, the U.S. bank that cut unwanted assets 25% last year, should no longer be expected to offer clients unlimited financial services, Chief Executive Officer Michael Corbat said.

“People shouldn’t want us to be everything to everyone,” the 53-year-old said in an interview with Bloomberg Television at the World Economic Forum in Davos, Switzerland. “We’ve gone through a pretty significant transformation. We’ve got the right business mix.”

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