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Reuters: Citi, Morgan Stanley in brokerage talks

Started by chris, January 10, 2009, 02:04:56 AM

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chris

Citi, Morgan Stanley in brokerage talks
      


NEW YORK (Reuters) - Citigroup Inc is in advanced talks to sell its Smith Barney brokerage unit to Morgan Stanley, a person familiar with the matter said on Friday, in a move that would further dismantle the financial supermarket that has been bailed out by the U.S. government.<div class="feedflare">
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