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Citigroup to slash 400 bln dlrs in assets (AFP)
Source Name : Yahoo! News
Source Url : http://us.rd.yahoo.com
Publish Date : Fri, 09 May 2008 21:34:31 GMT
Summary :
<p><a href="http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/afp/20080509/bs_afp/usbankingcompanystructurecitigroup"><img src="http://d.yimg.com/us.yimg.com/p/afp/20080509/capt.cps.ndc62.090508233345.photo00.photo.default-512x357.jpg?x=130&y=90&q=85&sig=HxQ.6Hpph8OsQF.sglgnNQ--" align="left" height="90" width="130" alt="A pedestrian walks by a Citibank office in San Francisco. US banking giant Citigroup has said it plans to shed about 400 billion dollars in assets over the next two to three years as it tries to recover from the subprime mortgage crisis.(AFP/Getty Images/File/Justin Sullivan)" border="0" /></a>AFP - Citigroup, reeling from the subprime mortgage crisis, said Friday it plans to sell roughly 400 billion dollars in assets in a streamlining reorganization aimed at restoring the US banking giant to profit.</p><br clear="all"/>
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