Citigroup's private bank reportedly is pulling about $500M from John Paulson's Advantage and...

|By:, SA News Editor

Citigroup's private bank reportedly is pulling about $500M from John Paulson's Advantage and Advantage Plus funds. The funds are notable for going down a lot over the past year and a half, and their big current bets on gold miners. According to sources, Citi back in May advised private banking clients not to add money to Paulson funds.