Read this article on the latest developments at Citigroup and answer the following questions:
1) How much has the value of CitiGroup fallen in the last 2 years?
2) Identify 3 reasons why Citygroup’s value has fallen so far so fast
3) What changes has Citigroup made in response to the changes it has faced in its external environment?
4) What actions have the US Government taken to assist Citigroup? What reasons can you identify for this response from the US Government?
5) Using the information in the ‘Recent creation” paragraph to create a timeline to describe the changes that Citigroup has undergone since its 1885 foundation.
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