Citigroup (C) has shuttered at least seven CitiFinancial branches in the Midwest as it prepares...

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

Citigroup (C) has shuttered at least seven CitiFinancial branches in the Midwest as it prepares its consumer finance unit for an eventual sale. CEO Vikram Pandit said in January that CitiFinancial was one of eight businesses that the company needed to abandon or restructure.