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Citi Considers Asset Sales; Shares Off 20%

– As the banking giant’s stock freefalls, Citigroup is reportedly considering divestitures as a way to restore investor confidence. On Friday, Citigroup shares fell below $4 each.

Are Citi's Options Narrowing?

GMAC Application Revives Debate

UBS Reorganizes Real Estate/Securitized Products

Citi Shares Sink Further

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Blogs

It's A Deal

By Tom Granahan

Get Smart

Taking Stock of Bonds

By Aleksandrs Rozens

Cheap Chic: When Frugality Becomes Trendy

Private Equity Briefcase

By Kelly Holman

Change Is In The Air

Roundtables

A Future For Islamic Finance?

Islamic finance had its start in the 1960s and 1970s with the influx of petrodollars into the Gulf region. The rapid development of Middle East markets--Saudi Arabia, Kuwait and the United Arab Emirates--has stoked interest in a type of finance that is based on the principles of Shari'a. Industry experts estimate that Islamic finance has enjoyed double-digit annual growth with nearly $1 trillion put to work in Shari'a structures. But the specialists on Wall Street who want to bring securitization to other parts of the world may have to consider that the collateral, or debt, repackaged into bonds has to meet strict guidelines that adhere to principles of Islam.

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Paige Daly

Managing Director

Firm: LNK Partners

In the news: High-End, Or Dead End?

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40 Under 40: Meet The New Boss

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