Citigroup (C.N), the third-largest U.S. bank, is focused on tapping emerging markets to take advantage of growth in in trade and capital flows, Chief Executive Vikram Pandit said on Wednesday. "Trade and capital flows between emerging markets are growing exponentially and we want to grow there ... We look forward to Brazil's growth," Pandit told a small group of reporters at the bank's Brazil headquarters in Sao Paulo. "The question is how fast Brazil can take advantage of all growth opportunities." Citigroup has doubled its Brazil payroll in the past five years to 7,000 people, Pandit added.
Citigroup Inc. (Citigroup) is global a diversified financial services holding company. Shares of C traded higher by 0.11% or $0.0050/share to $4.515. In the past year, the shares have traded as low as $3.53 and as high as $5.15. On average, 427895008 shares of C exchange hands on a given day and today's volume is recorded at 57593604.
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