Citadel Said in Talks to Sell Investment Bank, Shut Research

Ken Griffin, founder of $11 billion hedge fund Citadel LLC, is in talks to sell his investment bank and is shutting its equity-research group, ending a three-year effort to build a business he said would rival Goldman Sachs Group Inc., according to two people briefed on the move.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.