According to the Chapter 7 Strategic Focus, what was the reason for Citigroup's restructuring?
A) to create a "financial supermarket."
B) to acquire Discover Financial Services.
C) to focus on core areas of banking and meet new stricter regulatory requirements.
D) to link together the banking and insurance businesses.

Question

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The reason for Citigroup's restructuring was to focus on core areas of banking and meet new stricter regulatory requirements. This is mentioned in Chapter 7 Strategic Focus.

According to the Chapter 7 Strategic Focus, What Was the Reason