Citigroup Kills Panel Overseeing $200 Billion Toxic-Asset Unit

Citigroup Kills Panel Overseeing $200 Billion Toxic-Asset Unit

Scott Eells/Bloomberg

Citigroup has sold more than 60 businesses since 2008 and reduced assets in Citi Holdings to 11 percent of the balance sheet as of March 31, said Shannon Bell, a spokeswoman for New York-based Citigroup.