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Citibank Tops Bank Website Rankings for Second Straight Year [View article]
I kid you not, Citibank is buying an infrastructure company in Spain for ~$10 Billion. What does that have to do with increasing lending? Nada, as far as I can tell.
How much bailout money did Citi just get? $20 billion immediately and $300 billion in guarantees?
This is BS. Citi is acquiring the company, Itinere Infraestructuras, through its infrastructure fund,
Citi Infrastructure Partners.
www.khl.com/magazines/.../