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Michael Corbat continues to make his mark at Citigroup (C) as the bank plans job cuts of more...
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Wednesday, December 5, 2012, 9:15 AM ETMichael Corbat continues to make his mark at Citigroup (C) as the bank plans job cuts of more than 11K leading to savings of $900M in 2013, and more than $1.1B in 2014. Revenues are expected to take a $300M hit. CFO John Gerspach is scheduled to present at the Goldman investor conference later today. Shares +2.5% premarket. (PR)
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