The latest management upheaval at Citigroup Inc. surely was intended to mark the beginning of the end of an extremely uncertain period, and in some ways it did that.

For those seeking the executive team that could put the company on the road to recovery, Citi beefed up talent Thursday, particularly when it comes to running the U.S. banking business. It promoted Edward "Ned" Kelly 3rd to vice chairman and hired industry veteran Eugene M. McQuade to run the commercial bank.

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