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Citigroup Dialing Back Its 'Alternative' Holdings.
- Source :
-
Wall Street Journal - Eastern Edition . 9/3/2013, Vol. 262 Issue 54, pC1-C2. 2p. - Publication Year :
- 2013
-
Abstract
- The article reports that financial company Citigroup Inc. has divested itself of more than $6 billion in alternative assets in order to comply with regulations that limit such holdings for banks. In August 2013 Citigroup sold a $1.9 billion hedge fund that specialized in emerging markets, as well as a $4.3 billion private-equity fund.
- Subjects :
- *ALTERNATIVE investments
*HEDGE funds
*PRIVATE equity
*BANKING industry
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 262
- Issue :
- 54
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 90045985