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Archive Home > 2012 > July > 26 > Big banks should be split up, Citigroup’s ex-CEO says

Big banks should be split up, Citigroup’s ex-CEO says

By Christina Rexrode / The Bulletin
July 26, 2012

NEW YORK — Sandy Weill is having a change of heart.

Weill, the aggressive dealmaker who built Citigroup on the idea that in banking, bigger is better, said Wednesday that he believes big banks should be broken up.

Speaking on CNBC’s “Squawk Box,” the 79-year-old Weill appeared to shock the....

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