tag:blogger.com,1999:blog-91921071230884272.post-76685683342242552452009-01-13T16:32:00.000-08:002009-10-28T01:42:31.927-07:00<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_YqYaSbT8xWI/SW01Olb-a8I/AAAAAAAACzA/aQBYmbdqWG0/s1600-h/citi.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 320px; height: 213px;" src="http://4.bp.blogspot.com/_YqYaSbT8xWI/SW01Olb-a8I/AAAAAAAACzA/aQBYmbdqWG0/s320/citi.jpg" alt="" id="BLOGGER_PHOTO_ID_5290943661914090434" border="0" /></a><br /><a href="http://http//www.msnbc.msn.com/id/28642394/">Citigroup, Inc</a>. is said to have been taking its first and major step in reorganizing the entire company as it recently disclosed an agreement, a venture with <a href="http://http//newsticker.welt.de/?module=smarthouse&amp;id=832368">Morgan Stanley</a>.<br /><br />Citigroup also plans to substantially trim proprietary trading, which had been consuming significant amounts of scarce capital. The new strategy is expected to be announced when the bank reports fourth-quarter results Jan. 22, the Journal reported.<br /><br />Shares of Citigroup rose 5.4% to $5.90 Tuesday, reversing losses from earlier in the day. Morgan Stanley shares added 7 cents to close at $18.86.<br /><br /><a href="http//www.marketwatch.com/news/story/Citi-takes-first-step-could/story.aspx?guid=%7B47DFDEBB-1325-4B92-904C-F38B4588F5C0%7D">more...</a><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/91921071230884272-7668568334224255245?l=www.marketsnmoney.com' alt='' /></div>Traderhttp://www.blogger.com/profile/13309761269649139032noreply@blogger.com0