Citigroup adds $40 billion of capital benefit through agreement with U.S. treasury, federal reserve, and FDIC.

November 24, 2008



Citi to issue preferred stock and warrants to U.S. Treasury and FDIC

Strike price on warrants set at $10.61

Citi to receive capital benefits from government guarantee on $306 billion of assets

Citi secures access to multiple additional liquidity facilities

Read more from Citigroup's press release memo:

Its largest shareholders include funds from the Middle East and Singapore. Its single largest shareholder is Prince Al-Waleed bin Talal of Saudi Arabia, who has a 4.9% stake. Vikram Pandit is Citigroup's current CEO.