GS or C: Which Bank's Transformation Efforts Have More Potential?

Key Takeaways Goldman is exiting consumer banking to focus on investment banking, and asset and wealth management. Citigroup is streamlining global operations, exiting non-core markets and refocusing on core businesses. Citigroup trades at a lower P/E and offers a higher dividend yield, signaling better value than Goldman. On Wall Street, transformation is no longer a buzzword — it is a survival strategy. Both The Goldman Sachs Group (GS) and Citigroup, Inc.  (C) are reinventing themselves for a new era of ...