(Bloomberg) -- Saudi Arabia is preparing to formally launch a secondary offering of shares in oil giant Aramco as soon as Sunday, a deal that could raise more than $10 billion and rank among the largest of its kind in recent years.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWarning Signals Are Flashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpInsurers Sink as UnitedHealth Sees ‘Disturbance’ in Med
Citigroup's (C) is set to benefit from its strategic efforts of restructuring the organization and streamlining non-core businesses. Yet, challenges to grow fee income and mounting costs are woes.
The latest trading day saw Citigroup (C) settling at $62.45, representing a -1.78% change from its previous close.