Citigroup (C) Won't Sell Smith Barney Unit -CNBC
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According to reports from CNBC's Charlie Gasparino, Citi (NYSE: C) has made it clear that they will not sell their Smith Barney branch. The comment comes in response to rumors yesterday that the bank could be looking to divest the unit in order to raise cash.
Citigroup Inc., doing business as Citi, provides a range of financial products and services to consumer and corporate customers in the United States and internationally.
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