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
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire