Citigroup (C) is the third-largest lender in the U.S. and the least-loved major bank by investors—and for good reason…
The bank has been a chronic poor performer seemingly forever. Its low return on equity, poor stock market underperformance, and low valuation made the point for quite a while that Citigroup’s business model did not work and needed changing.
But changes at this disliked bank are now creating some great opportunities for investors.
This post originally appeared Investors Alley