Citigroup: The Endless Restructuring Still Weights On The Valuation (NYSE:C) -LSB

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Citigroup reports 25 percent drop in quarterly profits

Michael M. Santiago

Citigroup (NYSE:C) is undergoing a new restructuring process under Jane Fraser’s aim to reduce management layers, improve global footprint and aggressively reduce redundant (senior) employees. We’ve already heard this kind of news in the past, and Citi has been around for a long time

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