Union presses Citigroup to break up

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Subject Author Date
Union presses Citigroup to break up Doug 07-20-2008
Posted by Doug on July 20, 2008, 7:59 pm
http://www.ft.com/cms/s/0/fc61f100-568e-11dd-8686-000077b07658.html

Union presses Citigroup to break up

By Francesco Guerrera in New York

Published: July 20 2008 23:36 | Last updated: July 20 2008 23:36

Citigroup has come under pressure from activist union shareholders who
want the financial conglomerate to break itself up.

The call by the American Federation of State, County and Municipal
Employees (Afscme), one of the biggest US unions with more than 1.4m
members, is certain to be rejected by Citi.

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