Posted AT 9:22 PM EST on 20/11/08
Citigroup weighing sale
NEW YORK Citigroup Inc., the second-largest U.S. bank by assets, is weighing a sale of all or part of the company, including the Smith Barney brokerage, the credit card unit and the transaction services unit, after its stock lost 50 per cent this week, the Wall Street Journal said late Thursday, citing people familiar with the matter.
Citigroup Inc.
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