Institutional investors might return to Citi after TARP payback

Institutional investors own roughly 20% of Citigroup, making it "one of the least owned banks" by mutual funds, pension funds and other large investors. Once the government sells its stake in the bank, however, institutional investors might return. "A lot of clients I talk to are afraid" of the government's involvement through its holding in Citigroup, said Macquarie Capital analyst David Trone. Once the government exits Citi and the bank is allowed to repay funds it received through the Troubled Asset Relief Program, the bank's shares could rise.

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