Ryan's District Boards

RD Today => All the News => Business News => Topic started by: chris on January 14, 2009, 11:59:18 AM

Title: Reuters: Citi breakup in sight after Morgan Stanley deal
Post by: chris on January 14, 2009, 11:59:18 AM
Citi breakup in sight after Morgan Stanley deal
      


NEW YORK (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.<div class="feedflare">
<img src="http://feedproxy.google.com/~f/reuters/businessNews?d=41" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=mI73WUPR) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=fPK6XNMw" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=fPK6XNMw) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=paOTGVDZ" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=paOTGVDZ)
</div><img src="http://feedproxy.google.com/~r/reuters/businessNews/~4/-uCBe5a6coI" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/-uCBe5a6coI/idUSN1234412520090114