Global Capital Markets

Citigroup chief executive Chuck Prince’s remarks regarding potential acquisitions sparked rumours of a bid for a UK bank, a Financial Times market report said. Prince said the bank is ‘comfortable’ making focused buys, the item said. No UK banks were specifically mentioned as targets in the report. Citigroup has a market capitalization of USD 249bn.

Source Financial Times
Value USD 249,762m (Citigroup market capitalisation)