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Citigroup aims to shed $400 billion of assets (Reuters)
Source Name : Yahoo! News
Source Url : http://us.rd.yahoo.com
Publish Date : Fri, 09 May 2008 19:44:34 GMT
Summary :
<p><a href="http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20080509/bs_nm/citigroup_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080510/2008_05_09t034956_450x391_us_citigroup.jpg?x=130&y=112&q=85&sig=Ggueu.v.rAs_54k6PTCLww--" align="left" height="112" width="130" alt="A man walks past the Citibank building in San Francisco, California April 30, 2008. (Robert Galbraith/Reuters)" border="0" /></a>Reuters - Citigroup Inc said on Friday it plans to shed $400 billion of assets within three years and boost revenue by up to 10 percent annually, in a bid to restore profitability after huge losses tied to flagging mortgage and credit markets.</p><br clear="all"/>
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