News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

US looks to sell last of Its Citigroup shares

The Treasury Department said yesterday that it would begin selling off the remaining 2.4 billion shares of Citigroup common stock the government holds as a result of aid provided to the bank during the financial crisis.

The planned sale, which the Treasury said would be completed only if it receives an "acceptable price" for the shares, wouldn't end Citigroup's ties to the government.

WSJ Logo