Steve Cohen loses another client, with Citigroup's (C) private bank deciding to pull its $187M...

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

Steve Cohen loses another client, with Citigroup's (C) private bank deciding to pull its $187M investment from SAC Capital due to the hedge fund's legal issues. Citi says it would reconsider investing should Matthew Martoma and SAC ultimately be exonerated. $187M represents 9.4% of assets in Citi's hedge-fund platform.