New York - Citigroup chief executive Vikram Pandit on Friday denied reports that the finance giant was considering selling off large parts of its business.
Speaking in an internal conference call after the Wall Street Journal and others had reported on a possible breakup, Pandit said the firm had enough capital and that there were no plans to sell units, including the Smith Barney brokerage unit, Bloomberg financial news reported citing unnamed sources who listed to the call.
Citigroup's board was to meet later Friday.