Updated Friday, May 24, 2013 as of 2:26 AM ET
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Citi Said to Give CCA Managers 75% Stake in Funds for Free
Donal Griffin
Among Vikram Pandit’s last jobs as Citigroup Inc.’s chief executive officer was to decide the fate of the bank’s hedge-fund unit, which employs some of his oldest colleagues. He agreed to give them most of it for free.
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