Based on the name, wouldn't they be more at risk for cuts than anyone else?
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It’s the group that handles divestitures. They wind down parts of the global bank, increase operating efficiencies so they can be sold at the highest price.
To better compete and win, Citi is on a mission to simplify. As part of our firm’s strategy refresh, we committed in April 2021 to exiting our consumer businesses in 13 markets in Asia, Europe and the Middle East – adding our Mexico franchise to the remit early last year and forming Legacy Franchises as the operating unit to house these businesses.
https://www.citigroup.com/global/news/perspective/2023/our-strategy-to-simplify-lessons-from-our-divestiture-journey-titi-cole
I have Down’s syndrome and joined two months ago.