its moment in the spotlight to argue for a set of anti-money-laundering standards for the private banking industry.

In his testimony to the Senate select subcommittee on investigations, John S. Reed, co-chairman and co-chief executive officer, is expected to push for stringent guidelines that would apply to Citi and its competitors around the world. The move appears to be an effort to preempt further governmental intervention in an area of increasing regulatory concern.

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