Tuesday, March 26, 2013

FOXBusiness.com: Analysis: Citigroup looks to cut cash holdings to boost earnings

FOXBusiness.com
FOX Business Network - The Power to Prosper
Analysis: Citigroup looks to cut cash holdings to boost earnings
Mar 27th 2013, 05:05

Citigroup Inc is considering cutting its cash on hand by about $35 billion, which should help the bank buy higher yielding assets or redeem expensive debt to boost earnings.

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