Fears for Citigroup and Bank of America due to nationalisation rumours
US banking giant Citigroup saw its shares plummet 21% in early trading today due to rumours that the group could be nationalised. Furthermore, analysts at Bank of America issued a sell note for Citigroup, attributing to the fall in its share price. Wall Street also panicked over the financial health of Citigroup and its balance sheet. The [...]
Fears for Citigroup and Bank of America due to nationalisation rumours
