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July 26, 2017

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200-300 jobs cut at US bank Citigroup, including one VP: Wall Street Journal

NEW YORK--U.S. bank Citigroup has cut between 200 and 300 additional jobs, most in the global markets business, The Wall Street Journal reported Sunday.

Some of the employees were fired, while others left voluntarily. Among them was Steve Prince, the younger brother of former chief executive Charles Prince, according to the newspaper.

Prince's LinkedIn profile says he is a senior vice president for marketing and advertising.

The cuts account for about two percent of the global markets business, it added, citing a person familiar with the matter.

Citigroup refused to comment on the report.

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