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FINANCIAL NEWS
Citigroup reports net income of $10.6b
19 Jan 2011
(MENAFN) Citigroup CEO, Vikram Pandit, announced the company’s financial year results in 2010 saying they were good and that net income amounted for $10.6 billion.
Prince Alwaleed bin Talal met with the CEO in New York and the prince congratulated the latter on these results. Share price in Citigroup rose to over five dollars per share.
It is worth noting that Prince Alwaleed got a stake worth $12.5 billion in Citigroup through a private offering of convertible preferred securities of Citigroup in 2008.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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