{"id":43729,"date":"2026-05-14T14:00:25","date_gmt":"2026-05-14T14:00:25","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=43729"},"modified":"2026-05-14T14:00:25","modified_gmt":"2026-05-14T14:00:25","slug":"wells-fargo-executive-details-number-one-stock-pick-says-firm-going-through-generational-restructuring","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=43729","title":{"rendered":"Wells Fargo Executive Details \u2018Number One\u2019 Stock Pick, Says Firm Going Through Generational Restructuring"},"content":{"rendered":"

\"\"<\/p>\n

A veteran banking and finance analyst says a New York City-headquartered American multinational bank continues to be his top stock pick.<\/span><\/p>\n

In a new interview on CNBC\u2019s Closing Bell, Wells Fargo analyst Mike Mayo says<\/a> he is bullish on Citigroup (C) as the bank sees significant transformation.<\/span><\/p>\n

\u201cI was very critical of Citigroup for decades. Their old culture could be characterized as reckless, arrogant and complacent. I think the new culture is one of drive, accountability, transparency and, frankly, enthusiasm.\u201d<\/span><\/i><\/p>\n

He says the changes are largely because of the bank\u2019s CEO, Jane Fraser.\u00a0<\/span><\/p>\n

\u201cThe biggest, simple and most powerful change is going from 50 years of a global matrix structure, a mishmash, a spider web management structure with dual accountability and dual reporting\u2014it was a mess, to this simple structure of five lines of business CEOs reporting to Jane. Jane Fraser gets credit for that.\u201d<\/span><\/i><\/p>\n

Mayo says he sees a lot of upside for Citi, citing that the lender has shown some of the best top line revenue growth despite undergoing restructuring.<\/span><\/p>\n

\u201cJane Fraser doesn\u2019t get a Nobel prize for rearranging the management structure this way but they have executed and they can execute\u00a0 on the existing plans. There\u2019s still a lot of upside for Citigroup stock, it\u2019s still my number one pick\u2026Citi is not assuming much deregulation. Citi is having generational restructuring at a time of generational deregulation.\u201d<\/span><\/i><\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

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The post Wells Fargo Executive Details \u2018Number One\u2019 Stock Pick, Says Firm Going Through Generational Restructuring<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

A veteran banking and finance analyst says a New York City-headquartered American multinational bank continues to be his top stock pick. In a new interview on CNBC\u2019s Closing Bell, Wells Fargo analyst Mike Mayo says he is bullish on Citigroup (C) as the bank sees significant transformation. \u201cI was very critical of Citigroup for decades. […]<\/p>\n","protected":false},"author":1,"featured_media":43730,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-43729","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\nWells Fargo Executive Details \u2018Number One\u2019 Stock Pick, Says Firm Going Through Generational Restructuring - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=43729\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wells Fargo Executive Details \u2018Number One\u2019 Stock Pick, Says Firm Going Through Generational Restructuring - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"A veteran banking and finance analyst says a New York City-headquartered American multinational bank continues to be his top stock pick. 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