Citigroup slides on news of Rubin's resignation

NEW YORK, Jan 9 (Reuters) - Shares of Citigroup Inc (C.N) tumbled more than 5 percent on Friday after the bank announced that Robert Rubin has resigned as senior counselor and will not stand for re-election as director when his term expires.

The stock tumbled to $6.72 on the New York Stock Exchange, providing a further drag on the broader stock market. For details, see [ID:nWEN2450] (Reporting by Ellis Mnyandu)