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Citigroup may seek dividend increase by 2013

Sunday, July 15, 2012

WN.com - World News
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Citigroup may seek dividend increase by 2013
Jul 15th 2012, 23:00

Tweet NEW YORK: Citigroup Inc may seek permission to hike its dividend for the first time since the 2008 financial crisis in the next few months. The bank's CEO Vikram Pandit said he expects to start discussing returning some cash to investors by the end of the year. ``I believe we will be in good shape and have the capital to be able to do that by the end of the year,'' Pandit told Britain's Sunday Telegraph in a rare interview. ``That's a...
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