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Citi to raise $20.5 billion in equity sale

Dec. 16, 2009
Citigroup Inc. said Wednesday it is selling a huge chunk of its stock at a steep discount to raise the cash it needs to repay bailout funds and free itself from government support. But the government backed out of selling any of its 34 percent stake in the...
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Citigroup chairman to work at equity firm

Citigroup chairman to work at equity firm

NEW Y, N.Y., Sept. 16 (UPI) -- Chairman of Citigroup Richard Parsons said he will become a senior adviser to Providence Equity Partners, a prominent U.S. private equity firm.

Citigroup Inc. to sell two firms in Japan

TOKYO, Jan. 21 (UPI) -- Citigroup Inc. is planning to sell two firms under the jurisdiction of Nikko Citi Holdings that would realign the securities industry, sources said.

Citigroup eyeing Morgan Stanley venture

SAN FRANCISCO, Jan. 10 (UPI) -- Citigroup Inc. reportedly is considering conducting a joint venture between its struggling Smith Barney brokerage unit and Morgan Stanley.

Judge blocks Wachovia-Wells Fargo merger

NEW YORK, Oct. 5 (UPI) -- Citigroup Inc. says a New York judge has temporarily blocked the planned $15.1 billion sale of U.S. bank Wachovia Corp. to Wells Fargo & Co.

Report: Cuomo readies Citigroup charges

NEW YORK, Aug. 2 (UPI) -- The New York attorney general is preparing to file possible civil fraud charges against Citigroup Inc. in connection with auction-rate securities, sources say.

Citigroup to buy Bisys Group fund service

ROSELAND, N.J., May 2 (UPI) -- No. 1 U.S. bank Citigroup Inc. said Wednesday it would buy Bisys Group Inc. for $1.47 billion in a bid to expand its hedge-fund and private-equity operations.

Citigroup sells trademark umbrella

NEW YORK, Feb. 13 (UPI) -- U.S. financial-services company Citigroup Inc. said Tuesday it would sell its umbrella trademark and unify its brands under the "Citi" name and logo.

Citigroup to sell Legg Mason shares

NEW YORK, March 7 (UPI) -- Citigroup Inc. said Tuesday it plans to sell 8 million shares of Baltimore-based Legg Mason Inc., worth about $1 billion.

Citigroup launching e-trade network

NEW YORK, Jan. 18 (UPI) -- New York's Citigroup Inc. will start an electronic stock-trading network in a possible challenge to the New York Stock Exchange and Nasdaq Stock Market Inc.

Venture Capital Equity buys Arizant

NEW YORK, June 17 (UPI) -- Citigroup Venture Capital Equity Partners of New York said Thursday it has acquired Arizant Inc., a Minneapolis-based medical device company.
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa