Citigroup Wields the Knife
Apr 9th 2013 6:32PM
Updated Apr 9th 2013 6:38PM
Citigroup looks to be the latest in a string of banks making staffing cuts, as it eliminates the positions of head of securities and banking and head of transaction services. Is this a win for Citigroup investors? In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson debate the ups and downs of these cuts at Citigroup.
Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and there's a considerable amount of uncertainty after a shocking management shakeup. Should investors be treading carefully or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot on your watchlist, read our premium research report on the bank today. We'll fill you in on both reasons to buy and reasons to sell Citigroup and areas that Citigroup investors need to watch going forward. Click here now for instant access to our best expert's take on Citigroup.
The article Citigroup Wields the Knife originally appeared on Fool.com.David Hanson and Matt Koppenheffer have no position in any stocks mentioned. The Motley Fool owns shares of Citigroup. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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