Unmanageable and uninvestible. That’s how buyers have lengthy thought-about Citigroup. For over a decade the financial institution, which was as soon as the biggest and most precious in America, has been a basket case. It trades at half the worth it did in 2006, making it the one large American financial institution to fetch a valuation decrease than its peak earlier than the worldwide monetary disaster. Decide any measure and Citi is invariably useless final in contrast with its rivals. The agency has extra employees than Financial institution of America, but makes solely a 3rd of the revenue.
