Revenues grew by 3% and expenses decrease by 2%, I’m glad to see that but that’s expected given the reduction in staff. Laying off your staff and selling off slices of the company will do that. The true test of leadership is “can you get the same performance WITHOUT laying off people and WITHOUT selling off pieces of the business? “
When can we start seeing some of that?
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You can replace her
Citi needs to become more efficient. ROE is a mere 6%... Look at Q3 results of Citi's competitors.