New York City Mayor Rudolph W, Giuliani last week said the city has reached an agreement with Smith Barney Inc. that will help keep the firm and 9,000 of its employees in New York City.

The agreement came after the city allowed Smith Barney's parent, Travelers Inc., to finance the renovations at several of the firm's offices by issuing up to $550 million of tax-exempt bonds through the city's industrial development agency.

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