How much more can Uncle Vik take before he has an MI (that's shorthand for myocardial infarction)? People who are familiar with Citi may remember when the Land of the Rising Sun's regulators ordered the shutdown and dismantling of its Private Banking operations for some less than honorable practices, among them money laundering improprieties.There was that very famous episode where then CEO Chuck Prince traveled to Tokyo, went before the Diet and bowed numerous times while engaging in an abject apology.
Well, it may be happening again. A shutdown that is.
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