Citigroup laying off several stock analysts
I don’t rely on analysts. I do my decisions myself and I am almost as good as an analyst to lose money. LOL
http://www.marketwatch.com/news/story/citigroup-laying-off-several-
SAN FRANCISCO (MarketWatch) — Citigroup Inc. is laying off stock analysts around the world in line with a 7% reduction in the number of companies it covers, Thomson Reuters reported in its online edition Wednesday, citing a person familiar with the matter. Citigroup has about 350 equity research analysts globally and 11 analysts have been laid off in the United States, the news agency said. Earlier this year, the bank moved its equity research group out of its retail brokerage unit and into its institutional clients business, according to Reuters.
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