The U.S. government told Citigroup Inc
Citigroup is expected to need to raise capital as insurance against any further downturn in the economy, according to the paper.
The New York bank can easily cover any shortfall and is considering several options to close that gap, the paper cited Citigroup executives as saying.
A Citigroup spokesman in Hong Kong was not immediately available for comment.
Bank of America Corp
(Reporting by Ajay Kamalakaran in Bangalore; Editing by Dhara Ranasinghe)