Citigroup has said it plans to close two of its UK lending arms putting 670 jobs at risk. The world’s largest bank is proposing to shut down mortgage supplier Future Mortgages and CitiFinancial, a personal loans business. Both businesses stopped lending to new customers last week. Future Mortgages has around 26,000 customers and less than 1% [...]

More: Citigroup plans to close two sub-prime lenders

Wow, they are really falling hard.