Friday, December 22, 2006

Citigroup considers making possible acquisitions in Italy in credit card and personal loan sector, CEO says

Citigroup, the US bank, intends to consider making possible acquistions in Italy, reported Panorama. Charles Prince, Citigroup's chief executive, said in an interview that the company is interested in making acquistions in Italy and that sectors such as credit cards and personal loans can still give good results.
Citigroup reached profits of EUR 24.6bn in 2005.

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