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Citi 皇冠体育app to cut costs, diversify

By Wang Zhenghua | 皇冠体育app Daily | Updated: 2009-04-16 07:48

SHANGHAI: Citigroup Inc is looking to generate a steady and balanced growth in 皇冠体育app this year as its global business struggles in the worldwide financial turmoil.

In an exclusive interview with 皇冠体育app Daily yesterday, the US financial conglomerate's 皇冠体育app subsidiary chairman Andrew Au said Citi 皇冠体育app will focus on improving productivity, lowering costs, engage in more profitable investments, and diversify product lines this year.

The bank will also open its third micro lending company in Northeast 皇冠体育app later this year, said Au.

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