Controlling expenses a top priority for new CEO Michael Corbat, Citigroup (C) is set to...

|About: Citigroup Inc. (C)|By:, SA News Editor

Controlling expenses a top priority for new CEO Michael Corbat, Citigroup (C) is set to eliminate 300 sales-and-trading jobs by year's end, reports the WSJ. It's a bit less than 2% of the already slimmed-down securities unit at the bank.