Sources: Citigroup's private bank to pull investment from SAC Capital, WSJ says

theflyonthewall.com

According to sources, Citigroup's (C) private bank is planning to pull its $187M investment from SAC Capital, reports the Wall Street Journal. A spokesperson for Citi says the decision "should not be construed as a statement on the merits of any outstanding legal proceedings or potential regulatory action" related to scrutiny of the hedge-fund firm.

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