Friday, 21 November 2008

Citigroup Executives Consider Sale of Company, WSJ Online Says

Nov. 20 (Bloomberg) -- Citigroup Inc.’s executives are considering selling off pieces of the bank or the whole company, the Wall Street Journal reported online, citing people familiar with the matter.

The discussions are preliminary and don’t suggest that New York-based Citigroup is backing away from its insistence that it has sufficient capital and funding, the Journal said.

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