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April 15, 2007
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Fri, 11 Jan 08 17:23:30 GMT | londonstockexchange
A new seed capital venture has been established by the Financial Risk Management (FRM) company with the providing greater access to the hedge market, it has been revealed.
Citi shares rise 3.5 percent on capital hopes (Reuters)
Fri, 11 Jan 2008 18:27:06 Etc/GMT | Yahoo! Finance
Shares of Citigroup Inc rose 3.4 percent on Friday on hopes the largest bank in the United States was close to securing new outside capital and preparing other moves to shore up its strained balance sheet.
Citi secures further $14bn in new capital (at FT.com)
Fri, 11 Jan 2008 22:05:25 Etc/GMT | Yahoo! Finance
Citigroup is putting the final touches on its second major capital-raising effort in as many months, seeking up to $14bn from Chinese, Kuwaiti and public market investors, people familiar with the negotiations say.
Citigroup suffers nearly $10B billion loss (at CNNMoney.com)
Tue, 15 Jan 2008 11:43:00 Etc/GMT | Yahoo! Finance
Nation's largest bank takes $18.1 billion writedown, slashes dividend to raise capital and gets $12.5 billion capital infusion.
Citi Announces Key Actions to Enhance Capital Base (Business Wire)
Tue, 15 Jan 2008 11:31:00 Etc/GMT | Yahoo! Finance
NEW YORK----Citi today announced a series of financial actions to further strengthen its capital base, as follows: Raising a total of $12.5 billion of capital through the sale of convertible preferred securities in a private offering.
H. Rodgin Cohen: Great Name, Better Banking Lawyer
January 15, 2008, 10:08 am | WSJ.com: Law Tax Attorney
Citigroup posted a huge fourth-quarter net loss and slashed its dividend, hit by $17.4 billion in subprime-related write-downs. A group of investors also invested $12.5 billion in the company. The group includes the Government of Singapore Investment Corp., Capital Research, Capital World Investors, the Kuwait Investment Authority, the New Jersey Division of Investment, shareholder Prince [...]
National Bank adding $400M to capital with issue of 7.235 per cent notes
Wed, 16 Jan 2008 11:28:00 -0500 | CANOE Money
MONTREAL - National Bank of Canada (TSX:NA) is adding $400 million to its regulatory capital with a note issue.
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