Cassidy: Citi Cuts Good for Shareholders

Cassidy: Citi Cuts Good for Shareholders Play

Dec. 5 (Bloomberg) -- Citigroup said it will take a pretax charge of about $1 billion this quarter as part of a plan to eliminate more than 11,000 jobs. RBC Capital Markets Director of Equity Research Gerard Cassidy speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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