NEW YORK -- Saudi Prince Alwaleed bin Talal said today that he planned to increase his stake in Citigroup Inc. to 5 percent, and expressed support of the bank's management. Prince Alwaleed, who currently holds less than a 4 percent stake, has...

More-articles

NEW YORK Saudi Prince Alwaleed bin Talal said Thursday that he plans to increase his stake in Citigroup (C) to 5%, and expressed support for the bank's management. Alwaleed, who currently holds less than a 4% stake, has been buying shares of...
NEW YORK -- Saudi Prince Alwaleed bin Talal says he plans to increase his stake in Citigroup to 5 percent. Prince Alwaleed, who currently holds less than a 4 percent stake, has been buying shares of Citi believing they are undervalued and that the...
See all

Blog-posts

Citigroup’s shares rose in premarket trading Thursday, following a 23 percent slide the previous day, after Prince Alwaleed bin Talal of Saudi Arabia said he plans to increase his stake in the global banking giant to 5 percent and expressed support...