Vikram Pandit's much anticipated new strategy for Citigroup [1] was anti-climactic in several ways. Among the most disappointed were those who have been advocating a break up of the behemoth bank. Not that anyone really expected Pandit to announce anything along these lines, but the break-up bulls are not giving up. A commentary on Breakingviews says shareholders have a right to expect a lot of Pandit, including more information about financial targets and returns on specific capital investments. The commentary also says shareholders should extract, somehow, a promise that he will eschew the conglomerate model if it falls short of stated goals. I doubt this will happen.  

For more:
- here's the Breakingviews commentary [2]

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What to make of Citigroup's strategy [3]
Bold move: Pandit rejects break up of Citigroup [4]
Will restructuring satisfy Citigroup's critics? [5]
How low can Citigroup's dividend go? [6]