Banking, finance, and taxes

Citigroup (C) To Cut 32,000, Sell Smith Barney?

One Wall St.analyst thinks Citigroup (C) will have to make some extreme moves to keep the bank running.

Speaking to The Times of London, Meredith Whitney of CIBC said that investors should look for 32,000 job cuts, and the potential sale of Smith Barney for $25 billion.

Douglas A. McIntyre

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