Citigroup Inc may finally be able to sell its OneMain Financial personal loan business later this year, CEO Mike Corbat said on Thursday. Corbat, speaking at an investor conference in New York, said Citigroup could dispose of the company through an outright sale to a private equity firm, a public stock offering, or a combination of the two, if prices are good.
Citigroup Inc. (Citigroup) is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. Shares of C traded higher by 0.13% or $0.06/share to $47.38. In the past year, the shares have traded as low as $45.06 and as high as $55.28. On average, 24348200 shares of C exchange hands on a given day and today's volume is recorded at 2190938.
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