Citigroup Job Cuts `Start of a Trend,' Cassidy Says

Dec. 5 (Bloomberg) -- Gerard Cassidy, an analyst at RBC Capital Markets, talks about Citigroup Inc.'s plan to eliminate more than 11,000 jobs, scale back operations in some emerging markets and take a $1 billion charge this quarter. Cassidy speaks with Betty Liu and Julie Hyman on Bloomberg Television's "In the Loop." (Source: Bloomberg)