Citigroup poised to boost revenue as advisor of Brazilian public asset sales

Tuesday, February 19th 2019 - 08:33 UTC

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Citigroup Inc expects to boost annual revenue in Brazil over the next years by advising potential public asset sales and through a revival in capital markets, its chief executive officer in Brazil told journalists on Monday. Marcelo Marangon said Citi expects its annual revenue in Brazil to grow to US$1.5 billion from US$1.1 billion over the next years. He did not specify a timeframe for the goal. Read full article

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:o))
Good thinking! Excellent Strategy!

The late fees, the penalties, etc. themselves will be much more than the unpaid interests [supposed to be paid]! Great Opportunities for The Lenders+Borrowers [in power]!
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Feb 19th, 2019 - 10:28 am - Link - Report abuse 0
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