Citigroup Seen Booking $6 Billion Charge on Smith Barney Venture

Citigroup Inc., the third-biggest U.S. bank by assets, may take a charge of almost $6 billion this quarter as it writes down the value of the Morgan Stanley Smith Barney venture, said Jason Goldberg, a Barclays Plc analyst.

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