Citi Plays Catch-Up In China And Russia, Stock Smells Like $56

Jun. 24 2011 - 2:23 pm
posted by TREFIS TEAM
(Forbes - Investing)

Citigroup announced its move into the consumer and retail banking sector in Russia last week reinforcing its focus on emerging markets.

This move comes on the heels of the group’s investment banking joint venture in China that will allow it to offer underwriting and merger & acquisition (M&A) advisory services in the country.

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