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Citi eyeing return to Cuba

Apr. 09, 2015 3:00 PM ETCitigroup Inc. (C) StockCBy: Stephen Alpher, SA News Editor4 Comments
  • "Our license in Cuba is active," says Francisco Aristeguieta, CEO of Citigroup's (NYSE:C) Latin American operations. "We have had it for 54 years, it never expired. And we are evidently evaluating our return to Cuba."
  • It's not happening anytime soon though, he adds, "for any number of political reasons."
  • Aristeguieta spoke at a forum ahead of the Summit of the Americas in Panama, where leaders - including President Obama and Raul Castro - will meet starting tomorrow.

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