That said, he expects a new focus on shedding non-core assets and improving operating performance, which should lead to better opportunities to deploy capital to shareholders, an attempt at which was shot down by the Federal Reserve after the 2012 CCAR.

FORBES: Citi Gets Vote Of Confidence From Harshest Critic

It invested in funds whose deals involved much less debt and much more attention to improving the operating performance of the firms concerned.

ECONOMIST: Pick carefully