Masters Of Greed Enslaved By Greed

Citi looks to secure further $14bn in new capital

Citigroup is putting the final touches to its second big capital-raising effort in as many months, seeking up to $14bn from Chinese, Kuwaiti and public market investors.

Under the proposal being discussed, the bulk of the money – roughly $9bn – would be most likely to come from China, people familiar with the negotiations say. The Kuwait Investment Authority would contribute about $1bn, while $2bn to $4bn would be raised through a public placement of shares.

Who’s the Master of the Universe now?

Explore posts in the same categories: C.O.A.T. - Money

2 Comments on “Masters Of Greed Enslaved By Greed”

  1. andy p. kappler Says:

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