Citigroup has decided to split itself in two as a massive fourth quarter loss of $8.3bn took the troubled US bank's deficit for the year close to $19bn.
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Citigroup is splitting in two
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Merrill loses $4.6bn on $9.4bn writedowns
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Bank of England slashes bank rate to 2%
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Fifth Third loses $2.2 billion in fourth quarter
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Citigroup finalizes agreement with US
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US funds cut exposure to European banks
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St. Vincent records significant drop in current account balance
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Citigroup sells German business for $8 billion
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Bank of America posts loss
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Barclays plans to cut jobs
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JPMorgan profit falls 4 per cent
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Citi plans reverse stock split
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Citigroup expands global operations in Australia
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Citigroup downgrades Turkish assets to ``neutral''
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Citigroup buying back $535.9 million in notes
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Northern Rock to be split in two
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Citigroup posts best results in nearly three years