Citigroup May Book $6B Charge on Smith Barney

Citigroup May Book $6B Charge on Smith Barney Play

Aug. 7 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Citigroup may take up to a $6 billion charge this quarter as it writes down the value of the Smith Barney venture, the Aussie dollar climbs to a four-month high against the dollar and Apple will drop Google's YouTube from the next version of the operating system for the iPhone and iPad. She speaks on Bloomberg Television's "Bloomberg Surveillance."

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