The demise of Citi f/i is a new sign that Internet-only banking is losing momentum - and that Sanford Weill is putting his stamp on Citigroup Inc.'s Web efforts.

Citi confirmed late Friday that it was changing direction on Internet banking. And on Monday a spokesman said it would replace Citi f/i, its Internet-only bank, and Direct Access, its longstanding online banking program, with a new service.

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