C » Topics » 20 05 Review

This excerpt taken from the C 8-K filed Dec 16, 2005.

2005 Review

 

Strategic

 

  Sold Life Insurance & Annuities

 

 

  Asset Management / Legg Mason transaction

 

 

  Restructured U.S. Consumer

 

 

  Expanded distribution

 

 

  Enhanced product capability

 

 

 

Management

 

  Elevated new generation of senior managers

 

 

 

Capital

 

  Repurchased $8.4B of stock

 

 

 

Legal/Regulatory

 

  Resolved several pending matters

 

 

 

Internal Infrastructure

 

  Changed performance evaluation and reward structure

 

 

  Enhanced internal controls

 

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