Citi Bank sign is seen, Wednesday, Dec. 5, 2012 in Chicago. Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000. (AP Photo/Kiichiro Sato)

Associated Press
Citi Bank sign is seen, Wednesday, Dec. 5, 2012 in Chicago. Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000. (AP Photo/Kiichiro Sato)
Citi Bank sign is seen, Wednesday, Dec. 5, 2012 in Chicago. Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000. (AP Photo/Kiichiro Sato)
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