Citi Said to Pare Bonuses as Bank Cuts 150 Jobs

Nov. 29 (Bloomberg) -- Citigroup’s trading and investment-banking unit plans to eliminate 150 more jobs while shrinking bonuses by as much as 10 percent, extending the toll of Wall Street’s revenue slump, two people with direct knowledge of the decisions said. Erik Schatzker and Sara Eisen report on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Will Fed Hike Rates Before September?
37:43 - Bloomberg's Josh Wright reports on Fed policy. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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