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Thursday, September 18, 2014

Market Chatter- Corporate finance press digest - Sept 18, (NYSE: C)

The following corporate finance-related stories were reported by media: * Luxury shoe brand Jimmy Choo will seek to woo investors with a share market flotation prospectus promising industry-beating annual sales growth of more than 10 percent on the back of aggressive expansion plans in Asia and elsewhere, a source close to the deal told Reuters.* Deutsche Bank has sold its global base metals trading book to Citigroup Inc, the U.S. bank's latest move to expand its commodities trading business, according to a report by SparkSpread.

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 0.06% or $0.03/share to $52.39. In the past year, the shares have traded as low as $45.18 and as high as $55.28. On average, 15580700 shares of C exchange hands on a given day and today's volume is recorded at 20380500.