Money can’t fix Citibank
Filed Under (Business) by Don C on 04-03-2008
If these guys can’t save Citibank…
Sameer Al Ansari, Chief Executive of Dubai International Capital told delegates at a private equity conference that it will take more than the combined efforts of the Abu Dhabi Investment Authority, the Kuwait Investment Authority and Saudi investor Prince Alwaleed bin Talal to save the bank.
…then CitiBank probably can not be saved. From my personal experiences with certain segments of CitiBank — which must be representative of the whole — I doubt CitiBank is worth saving anyway.
