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Reuters: Citigroup, Morgan Stanley to merge brokerages

Started by chris, January 14, 2009, 01:59:20 AM

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chris

Citigroup, Morgan Stanley to merge brokerages
      


NEW YORK (Reuters) - Citigroup Inc  agreed to merge its Smith Barney brokerage with Morgan Stanley's  wealth management unit, a big step in the possible dismantling of what was once the world's largest bank.<div class="feedflare">
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