News

March 23, 2008

Citigroup cuts 2,000 jobs: source (Reuters)

Filed under: FInancial — Admin @ 5:04 am

A Citibank branch is pictured in Singapore January 22, 2008. (Alywin Chew/Reuters)Reuters - Citigroup Inc is cutting about
2,000 more investment banking and trading jobs, a person
briefed on the matter said, as the largest U.S. bank moves to
lower costs after subprime mortgage and credit problems led to
a record quarterly loss.

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