Citi Bull Mike Mayo Says ‘New CFO Seems Unproven and Unknown’
Wells Fargo bank analyst Mike Mayo, a long-time Citigroup Inc. bull, says the firm’s “mini-reorg” isn’t encouraging for the stock heading into year-end as the newly named chief financial officer...
By Georgie McKay · Bloomberg Markets
Wells Fargo bank analyst Mike Mayo, a long-time Citigroup Inc. bull, says the firm’s “mini-reorg” isn’t encouraging for the stock heading into year-end as the newly named chief financial officer seems “unproven and unknown.”