(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 shouldnt 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. Weve gone through a pretty significant transformation. Weve got the right business mix.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access