Posted on 14 December 2009
Tags: Citigroup Inc., Citigroup shares, citigroup stock, New York trading, stock sale, U.S. bank, U.S. lender, U.S. Treasury
Citigroup Inc., who is the recipient of the biggest U.S. bank bailout, has struck a deal with regulators for repaying $20 billion to taxpayers and in order to escape government-imposed pay restrictions.
Citibank will raise funds with a Sale of $20.5 billion of equity and debt
Citigroup, is the only major U.S. lender that is still dependent on the government “exceptional financial assistance. The bank said in a statement today that with a sale of $20.5 billion of equity and debt the company will raise the funds.
Read the full story
Posted on 14 December 2009
Tags: Citigroup Inc., Citigroup shares, citigroup stock, New York trading, stock sale, U.S. bank, U.S. lender, U.S. Treasury
Citigroup Inc., who is the recipient of the biggest U.S. bank bailout, has struck a deal with regulators for repaying $20 billion to taxpayers and in order to escape government-imposed pay restrictions.
Citibank will raise funds with a Sale of $20.5 billion of equity and debt
Citigroup, is the only major U.S. lender that is still dependent on the government “exceptional financial assistance. The bank said in a statement today that with a sale of $20.5 billion of equity and debt the company will raise the funds.
Read the full story
