Faced with the collapse of its action, Citigroup is exploring several options, including selling activities, actions or merge, said a person close to the case.
For now, discussions about its internal possibilities remained, said the person.
The Citigroup has lost more than a quarter of its value Thursday and half of its value this week.
A little earlier, the Wall Street Journal wrote that Citigroup was considering selling assets at auction or to sell in full.
The financial daily said, citing people close to the case, that discussions to that effect were at the preliminary stage and that the board would meet Friday.
Transfers could particularly affect the broker Smith Barney, a subsidiary of credit cards or services related to transactions, but according to the WSJ, the CEO Vikram Pandit will not pursue this approach.
The newspaper finally adds that Morgan Stanley does not offer Citigroup and has not spoken with her recently.
Citigroup did not comment on this information, merely saying that it had a "capital position and strong liquidity".
Saudi Prince Talal bin Alwalid said Thursday it had increased its stake in Citigroup under 4% to 5%, considering the action "dramatically under-valued."
He expressed support "full" to Pandit who this week announced 52,000 job cuts and a reduction of expenditure by 20%.
Investors were not impressed and action has fallen to less than five dollars, which had not seen since 1994. It closed down 26.4% to 4.71 dollars Thursday in a trade volume exceeding 723 million shares.
According to a source close to the dossier, Citigroup has asked the Securities and Exchange Commission (SEC) to restore a ban on selling on financial stocks to try to stop the bleeding. The previous ban expired on October 8.
For now, discussions about its internal possibilities remained, said the person.
The Citigroup has lost more than a quarter of its value Thursday and half of its value this week.
A little earlier, the Wall Street Journal wrote that Citigroup was considering selling assets at auction or to sell in full.
The financial daily said, citing people close to the case, that discussions to that effect were at the preliminary stage and that the board would meet Friday.
Transfers could particularly affect the broker Smith Barney, a subsidiary of credit cards or services related to transactions, but according to the WSJ, the CEO Vikram Pandit will not pursue this approach.
The newspaper finally adds that Morgan Stanley does not offer Citigroup and has not spoken with her recently.
Citigroup did not comment on this information, merely saying that it had a "capital position and strong liquidity".
Saudi Prince Talal bin Alwalid said Thursday it had increased its stake in Citigroup under 4% to 5%, considering the action "dramatically under-valued."
He expressed support "full" to Pandit who this week announced 52,000 job cuts and a reduction of expenditure by 20%.
Investors were not impressed and action has fallen to less than five dollars, which had not seen since 1994. It closed down 26.4% to 4.71 dollars Thursday in a trade volume exceeding 723 million shares.
According to a source close to the dossier, Citigroup has asked the Securities and Exchange Commission (SEC) to restore a ban on selling on financial stocks to try to stop the bleeding. The previous ban expired on October 8.
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