{"id":9186,"date":"2008-11-21T00:00:00","date_gmt":"2008-11-21T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"citigroup-eyes-options-including-merger","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2008\/citigroup-eyes-options-including-merger.html","title":{"rendered":"Citigroup eyes options, including merger"},"content":{"rendered":"<p><span class=\"yshortcuts\">Reuters &#8211; Citigroup Inc<\/span> lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.<\/p>\n<p>The second-largest U.S. bank by assets is looking at options now, including a sale of parts of the company or a merger with another firm, after its stock fell 50 percent this week, a person familiar with the matter said on Thursday.<\/p>\n<p>Discussions so far have been internal, and some options &#8211;such as entering into a merger where other executives end up running the company &#8212; are unpalatable to managers at Citigroup, the person said. The <span class=\"yshortcuts\">bank&#8217;s board of directors<\/span> is set to meet on Friday, and <span class=\"yshortcuts\">Morgan Stanley<\/span> is not <\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20081121\/bs_nm\/us_citigroup\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor. The second-largest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[646,156,207,145,141,117,129,551,251,870,353,236,2299,1804],"class_list":["post-9186","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-arthur-sulzberger","tag-brian-l-roberts","tag-commodities","tag-curbs","tag-housing-loans","tag-investment-arm","tag-losses","tag-mayhem","tag-misery","tag-onshore","tag-stocks","tag-trillion","tag-walker-llp","tag-westwood"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9186"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9186\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}