Emerging markets: the lone bright spot at Citigroup
Tony Sagami (November 25th, 2008) Writes:
Citigroup is getting a big dose of government handout because of its portfolio of toxic debt. $306 billion worth. brbrCitigroup is going to dump a bunch of its crappy assets but one category it wants to hold on tight to is its a title=citigroup target=_blank href=http://www.bloomberg.com/apps/news?pid=20601087sid=aXLnfl1jry8Qamp;refer=homeemerging markets /aassets. brbr “Our emerging markets franchise is the core of the company. We have a clear
strategy to develop our business with a primary focus on emerging
markets, and that means Asia, the Middle East and Latin
America.” brbrbrbr
Tags for this Post:
Asia, Asia, brbrCitigroup;, Citigroup Citigroup;, Latin America;, Middle East, USD
Asia, Asia, brbrCitigroup;, Citigroup Citigroup;, Latin America;, Middle East, USD


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