Not this guy.
This guy!
The man who rescued Citi in the early 1990s is back with a fresh investment in the firm, boosting his 5% stake to 6%. He also says Citi has raised $50 bln in capital, according to a Dow Jones headline, but it is unclear over what timeframe he is talking about.
EUR/JPY has ticked up on the report as Citi’s weakness was a big drag on markets late yesterday.