Aug 19, 2008

Citigroup CAO: "Citi is among the best capitalized banks in the world"

Today Citi is among the best capitalized banks in the world with a Tier 1 Capital Ratio at the end of the second quarter of 8.7%.

~ Don Callahan, Citigroup Chief Administrative Officer, New York, "Citi Has Solved Its Capital Issue," letter-to-the-editor, The Wall Street Journal, August 19, 2008

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