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Citigroup's investment banking unit to cut jobs in next five years - FT


(Reuters) - Inc's business will shed as much as half of its 20,and operations staff in the next five years, reported on Monday, citing Jamie Forese, the division's

Forese said the positions, which make up almost two-fifths of at Citi, could be replaced by machine processing, the FT reported

was not immediately available for comment.

(Reporting by in Bengaluru; Editing by Maju Samuel)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 12 2018. 02:26 IST