Friday, May 6, 2011

Citigroup Inc. (NYSE:C) New Co-Chair

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Citigroup Inc. (NYSE:C) has appointed a senior UBS industrials banker. Citigroup Inc. (NYSE:C) New Co-Chair According to the reports, Citigroup Inc. (NYSE:C) has hired Kevin Cox, UBS AG’s chairman of investment banking for global industrial companies. Citigroup Inc. (NYSE:C) said that he will become the co-chairman of global industrials investment banking. Raymond J. McGuire, the head of global banking at Citigroup Inc. (NYSE:C) said that, "Kevin is a highly experienced trusted adviser to leading industrial companies around the world. He is a significant addition to our global banking team." Citigroup Inc. (NYSE:C) shares were at 4.48 at the end of the last day’s trading. There’s been a -6.9% change in the stock price over the past 3 months. Citigroup Inc. (NYSE:C) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 2 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.15 Zack’s Rank: 1 out of 15 in the industry



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