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Costs will Come Down $2.5-3 Billion – Vikram Pandit

Bloomberg TV’s Erik Schatzker speaks to Citigroup (C) CEO Vikram Pandit from the World Economic Forum in Davos, Switzerland. Pandit talked about Citi’s strategy and said that costs will come down at the firm between $2.5 and $3 billion this year. He also re-affirmed his commitment to the firm’s fixed income and securities businesses. Excerpts [...]
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