Citigroup board to discuss options

21-11-2008

A Citibank branch in Hong Kong's Central District. Photo: REUTERS
Citigroup's board of directors will meet in New York later Friday to discuss ways to rescue the bank. The Wall Street Journal says the board may choose to sell sections of the bank or the entire company. The bank cut 52-thousand jobs this week. Its share price has sunk to a 15-year low.

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