Citigroup cut investment bank bonuses by 30 percent: report (Reuters)

(Reuters) ? Citigroup (C.N) has cut bonuses for its investment banking division by about 30 percent on average, Bloomberg said, citing a person briefed on the matter.

Some businesses within the securities and banking unit had bonuses reduced by as much as 70 percent, Bloomberg reported.

Citigroup was not immediately available for comment.

(Reporting by Abhiram Nandakumar in Bangalore; Editing by Steve Orlofsky)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20120128/bs_nm/us_citigroup

dream house taylor martinez taylor martinez o brother where art thou o brother where art thou oregon state football oregon state football