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RD Today => All the News => Business News => Topic started by: riky on January 14, 2009, 04:01:05 AM

Title: Citi breakup in sight after Morgan Stanley deal (Reuters)
Post by: riky on January 14, 2009, 04:01:05 AM
Citi breakup in sight after Morgan Stanley deal
    (Reuters)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20090114/2009_01_13t092840_450x324_us_citigroup.jpg?x=130&y=93&q=85&sig=oTqLW6oMBiQ0CDrFghBwfw--" align="left" height="93" width="130" alt="A man walks outside a Citibank branch office in Jakarta November 25, 2008. (Crack Palinggi/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090114/bs_nm/us_citigroup)Reuters - Citigroup Inc  agreed to merge its Smith Barney brokerage with Morgan Stanley's  wealth management unit on Tuesday, and is expected to make further asset sales to raise capital and to isolate toxic assets from the rest of the bank.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090114/bs_nm/us_citigroup