Citigroup is considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the New York-based company would issue new shares to the public as part of a multibillion-dollar stock offering, The Wall Street Journal said, citing people familiar with the matter.
Report: Citigroup plans to pare US stake
Citigroup Inc. is reportedly considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the bank would issue new shares to the public as part of a...
Treasury says it will begin selling Citi shares
The Treasury Department said Monday it will begin selling the stake it owns in Citigroup Inc., which could result in a profit to the government of more than $8 billion.
Report: Citigroup plans to pare U.S. stake
Citigroup Inc. is reportedly considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the bank would issue new shares to the public.
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