Citigroup reports quarterly loss of $8.3B - much worse than expected. Says it will split into 2 businesses - a bank and a brokerage.

Date: Fri, 16 Jan 2009 06:05:06 -0500

Citigroup reports quarterly loss of $8.3B - much worse than expected.
Says it will split into 2 businesses - a bank and a brokerage.