Citi Bank sign is seen, Wednesday, Dec. 5, 2012 in Chicago. Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about

 

              Citi Bank sign is seen, Wednesday, Dec. 5, 2012 in Chicago. Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about
Citi Bank sign is seen, Wednesday, Dec. 5, 2012 in Chicago. Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000. (AP Photo/Kiichiro Sato)