Citigroup Trade Idea: Halyk Finance
Citigroup – the third-largest U.S. bank by assets and the fifth-largest by market capitalization, with a history spanning over two centuries. The bank offers individuals, corporations, governments, and institutional clients all types of banking services, divided into five main segments: Services, Markets, Banking, U.S. Retail Banking, and Wealth Management, as well as the U.S. Consumer Credit Division (USCC).
Growth drivers:
- Workforce reduction
- CEO's successes. Restoring investor confidence
- Increased efficiency
- Profitability growth
