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Personal Finance - Citigroup to slash $400 bln in assets (AFP)

5/9/2008 11:48:06 AM

<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.nda52.090508174500.photo00.photo.default-512x357.jpg?x=130&y=90&q=85&sig=8iakrK_IwMYM6ESja.JzlQ-- 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, the US bank hardest hit by the subprime mortgage crisis, said Friday it plans to slash its assets by some 400 billion dollars over the next two to three years.</p><br clear=all/>...full article


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