The internal discussions over Sir Win, a veteran banker who took over in December 2007, come as Citi is in advanced talks with Morgan Stanley to spin off its Smith Barney brokerage unit into a joint venture to be controlled by its Wall Street rival.
The deal, which could be announced this week, would enable thousands of brokers to share bonuses totalling hundreds of millions of dollars in return for pledging their long-term future to the new company.
The windfall, which some analysts estimate at up to $500m, would be the second in a few weeks for Citi and Morgan Stanley brokers, many of whom received large year-end bonuses.
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