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Citigroup likely to cut 900 jobs

November 17, 2011

US-based banking major Citigroup is likely to slash 900 jobs in its securities and banking division amid financial market turmoil, says a report. Quoting people familiar with the situation, the Wall Street Journal (WSJ) said job cuts are planned since turmoil in the equity and debt markets is eroding revenues. “The cuts are part of [...]

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