Pandit’s plan makes sense: now for the delivery

Vikram Pandit’s plan to put a spring back into Citigroup’s step contains a lot of good sense. Shorn of up to $500bn of non-core assets, Citi will refocus on high growth businesses and emerging markets and develop the world’s first “global universal bank”. But coming up with the strategy was the easy part. Delivering on his promises will be far tougher for Pandit.