Wednesday, October 04, 2006
Citigroup explores merger with BNP Paribas, SocGen, Barclays or BBVA - report
PARIS (AFX) - Citigroup has commissioned a law firm to explore the possibility of a merger with a European bank, and has identified BNP Paribas, Societe Generale, Barclays and Banco Bilbao Vizcaya Argentaria as possible targets, the daily La Tribune reported, citing sources in the banking industry.