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Citigroup: Bowing to the Inevitable

Citigroup’s (NYSE:C) move to spin off its Smith Barney brokerage unit into a joint venture with Morgan Stanley’s (NYSE:MS) ... of operations in scores of countries, the notion that having a consumer credit card operation under a common ... some of the international banking units and transaction processing. We note that HSBC has publicly [more...]

Date: 2009-01-14 19:02:24

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