Article Image
IPFS News Link • Economy - Economics USA

Citigroup exit from Dow cements bank's downfall

• Reuters
Citigroup's run of ignominy has now come to this: losing its coveted spot in the Dow Jones industrial average to a former unit. Dow Jones Indexes said the property and casualty insurer Travelers will replace Citigroup in its flagship 30-stock index of blue-chip stocks, effective June 8.