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Citigroup shareholders were richly rewarded in 2019 as shares soared a stellar 53%. Those returns come as Citi has rejiggered its business, eliminating hundreds of positions in its trading division as it has invested more deeply in providing banking services to corporations. Long considered second fiddle to the likes of Morgan Stanley and Goldman Sachs in the realm of investment banking, the consumer-facing giant also beefed up its roster of well-connected bankers in that space, as it vies for a top-three spot in the league tables. Under the hood, Citi reshuffled its executive team in 2019, elevating Jane Fraser to the No. 2 spot in management and the leader of its consumer banking business—and positioning her as a strong contender to be the first woman to eventually run a major Wall Street bank.
Lists ranking Citigroup
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Global 500 - 2020This year's Global 500 generated $33.3 trillion in...READ MOREview in list
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Fortune 500 - 2020This year's Fortune 500 marks the 66th running of ...READ MOREview in list
World’s Most Admired Companies - 2020For an astounding 13th straight year, Apple claims...READ MOREview in list