Your Search Returned 2 tagged news reports
Citigroup said preliminary results showed about $20.3 billion worth of publicly held convertible and nonconvertible preferred and trust preferred securities were tendered in the exchange offer. The bank will issue 5.83 billion common shares to the public...
Tags: Citigroup Inc., exchanged offer, publicly held, preferred securities, public exchanged, trust preferred
Treasury and banking regulators say as many as 1,800 publicly held institutions could apply for government investments in coming weeks, out of concern that failing to do so could make them losers in a banking sector reshaped by the Treasury's $700 billion...
Tags: Treasury Department, publicly held, held institutions, government investments, rescue plan, banks regulators, coming weeks, billion rescue