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Citigroup Casts Doubt on Cost Goal as Pace at Citi
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Posted On: 02/25/2012 12:16:34 AM
Posted By:
MrGreenPenny
Citigroup Casts Doubt on Cost Goal as Pace at Citi Holdings Lags
Chief Executive Officer Vikram Pandit’s plan to cut Citigroup Inc.’s expenses as much as $3 billion this year may be threatened by regulatory and legal costs and a slowdown in his sales of unwanted assets.
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