Federal regulators have taken an unusually active role in the affairs of Citigroup, telling the New York financial giant that it must raise capital from private sources and take whatever steps are necessary to restore investor confidence in its financial viability, according to people familiar with... -
Pressured Citigroup Spins Off Brokerage
Federal regulators have taken an unusually active role in the affairs of Citigroup, telling the New York financial giant that it must raise capital from private sources and take whatever steps are necessary to restore investor confidence in its financial viability, according to people familiar with...-
By Binyamin Appelbaum