BOSTON (AP) — A proposed shareholder resolution filed on behalf of a group of Benedictine nuns and a union pension fund asks Citigroup’s board to consider separating one or more of the bank’s business units from the parent company.

The proposal requests the board appoint a committee of independent directors to explore “extraordinary transactions that could enhance stockholder value, including the separation of one or more of Citigroup’s businesses,” the filers of the resolution said in a news release Wednesday.

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