Citigroup, which has spent the past few years trying to get more out of its relatively small U.S. branch network, on Friday unveiled further details of its strategy to reformat its physical locations.
Later this year the country's third-largest bank will reorganize its branches in Miami, as the first part of a larger plan to overhaul its national branch network. In each of the large cities that Citigroup considers to be its main markets, the bank will rely on a mixture of "mini," "compact" and "full-service" branches, supplemented by the occasionally larger "flagship" branch and a network of high-tech ATMs and online or mobile apps.
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