This $7.5 billion investment from ADIA was going to convert in a little over two years into approximately 235 million publicly traded common shares of Citigroup stock, diluting all other shareholders. Despite these facts which called for …
Instead, they converted the $25 billion in bailout bucks they had already given Citigroup into stock that investors will be able to buy. The Treasury Department also got big private investors, including the government of Singapore and Saudi …
WASHINGTON -- The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares. That would amount to about 20 percent of the 7.7 billion shares of Citigroup common stock that the …
We just came across this squib from earlier this week in a note from Barclays Capital analyst Jason Goldberg. “With the government now out of its common equity stake, we wonder if [Citi] announces its long awaited reverse stock split in …
WASHINGTON - The government says it will conduct a fourth round of sales of Citigroup common stock, its latest effort to recoup costs from the $700 billion financial bailout. The Treasury Department said today that it had given Morgan …
The other event went unnoticed: In Brooklyn, Sandy Weill's mother gave birth to ... a star telecom analyst at Citigroup's Salomon Smith Barney subsidiary, to "take a fresh look" at AT&T's stock rating. What Weill had to gain from leaning …
BEIJING, PEOPLE'S REPUBLIC OF CHINA – From my vantage point here in Beijing this week, I find my mind drifting this morning closer to home and specifically back to Citigroup Inc. (C). Most retail investors purchase shares in a …
Citigroup Inc. (NYSE: C) is defying the market trends so far on Wednesday as the company’s annual shareholder meeting. The bank is still in what will be a multiyear turnaround. At the company’s annual shareholder meeting we have …
The Financial Industry Regulatory Authority fined and sanctioned Citigroup Global Markets $11.5 million on Thursday for displaying inaccurate research ratings for more than 1,800 public companies from 2011 to 2015 and for related …