FBN's Gasparino: Citi (C) Might Not Be the Only Bank Mulling More Job Cuts...
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Price: $143.06 -0.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
EPS Growth %: +36.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
EPS Growth %: +36.2%
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Fox Business Network reporter Charles Gasparino says Citi (NYSE: C) might not be the only one making job cuts in the financial sector.
According to his Twitter account: "MS, GS contemplating new workforce cut backs; Citigroup screwing many of those axed out of year-end bonuses..."
That's Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS). Citi announced the reduction of 11,000 positions earlier today. All three of the institutions are up on the session.
According to his Twitter account: "MS, GS contemplating new workforce cut backs; Citigroup screwing many of those axed out of year-end bonuses..."
That's Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS). Citi announced the reduction of 11,000 positions earlier today. All three of the institutions are up on the session.
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