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Reuters: Citigroup to merge Japan brokerage, banking units

Started by chris, March 11, 2008, 01:01:03 PM

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chris

Citigroup to merge Japan brokerage, banking units
      


TOKYO (Reuters) - Citigroup said on Tuesday it would merge its brokerage and investment banking units in Japan, as the faltering U.S. bank looks to bulk up in the world's second-largest economy, despite cutbacks elsewhere.
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