Private Equity
Some good things are happening at Citigroup. The first phase of the 20,000 job cuts is over, the share price is primed to soar according to portfolio managers who think hitting the 11-12% return on equity (RoE) target is imminent. And some new executives have joined. Get Morning Coffee ☕ in your inbox. Sign up here.Not everyone there thinks the new joiners are a good thing, though.