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Fox News: Report: Citigroup in Talks to Unload Smith Barney

Started by riky, January 09, 2009, 11:12:39 PM

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riky

Report: Citigroup in Talks to Unload Smith Barney
     


Citigroup (C ), the New York struggling financial giant which is a recipient of a massive government bailout, is in talks to unload its brokerage and asset management unit Smith Barney potentialy in a joint venture with Morgan Stanley , reported the Wall Street Journal.
     

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