Citigroup gets $7.5 billion from Abu Dhabi
Citigroup Inc. is set to have a great boost in its business by the $7.5 billion that it will receive from the investment firm of Abu Dhabi government.
The firm will use this money as capital in an effort to uplift its businesses.
This investment also enables us to access capital in an efficient manner, said Citi's acting CEO, Win Bischoff.
The fund will greatly help Citi bank to expand its business as well as strengthening its capital base.
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