2009-01-13 — nytimes.com
"Citigroup, struggling to manage the fallout from the global financial crisis, is moving to dismantle large parts of its troubled financial empire with a plan to split itself in two, a move that would undo the landmark merger that created the company a decade ago."
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sleepless-in-Seattle at 08:42 2009-01-14 said:
Will Citi close down their massive consumer finance operation? These are the old Associates branch offices. I'd guess they have 10-15 thousand employees. I cannot imagine any buyers since the branches are bleeding and profitability doesnt seem possible anytime soon. I wonder what Wells and HSBC are thinking about their operations??? Permalinkadd a comment | go to forum thread
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