Alwaleed Bin Talal: the idea of dividing Citigroup faded away completely
He said Saudi billionaire Prince Alwaleed Bin Talal’s largest shareholder in the US Bank Citigroup, in an interview on Monday that the idea of splitting the Bank activities vanished completely.
He informed the Prince who owns a stake in the Bank through the Kingdom holding company, told Reuters that the latest results of Citigroup are among banks.
The conservative strategy of CEO Mike korbat began to be reflected in the financial results of the Bank.
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Citigroup was the third-largest u.s. Bank announced in April the first quarter net profit growth of 30 percent, surpassing analysts ‘ expectations, with growth of income from equity issues and mergers advice.
Alwaleed Bin Talal: the idea of dividing Citigroup faded away completely
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