However, the company is now realigning its asset base, revamping management and selling non-core assets.

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" Pandit also reaffirmed his committment to stabilizing Citi's capital base and said he is still looking at "non-core assets and businesses.

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"Over the past several years, we have rebuilt Citi's capital base and strengthened our balance sheet as well as shed assets and businesses not core to our strategy, " said Michael Corbat, Citi's CEO since October.

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