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Updated from 9:39 a.m. EDT
Citigroup(C Quote) plans to shed up to $400 billion in additional businesses, as CEO Vikram Pandit continues his shakeup of the troubled bank.
At Citi's Investor/Analyst Day in New York Friday, Pandit was expected to say he doesn't plan on breaking up the behemoth bank, as some have called for, but will instead focus on paring non-core assets to lower costs and boost flagging profits.
The asset sales could take years and some assets may never be sold, the paper said. ...
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