Sources say Citigroup (C) may sell or shutter some of its 1,001 North American branches in an...

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

Sources say Citigroup (C) may sell or shutter some of its 1,001 North American branches in an effort to downsize and focus on areas with the highest branch concentrations, the latest attempt by Citi to "mend a business dogged by underinvestment, strategic miscues and management turnover."