Citigroup options placed on the table

Phoenix News.Net
Friday 21st November, 2008

Citigroup has suggested it might sell businesses and shares, as a means of dealing with the market crisis.

It has also hinted at merging with another firm.

The multiple options are being discussed at board level as the Citigroup share price sinks.

Citigroup's shares have lost more than half their value this week amid concerns about the bank's capital position.

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