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C » Topics » Private Equity and Equity Investments

These excerpts taken from the C 10-Q filed Aug 7, 2009.

Private Equity and Equity Investments

        In the second quarter of 2009, Citicorp recognized pretax gains of approximately $11 million on private equity and equity investments. Citicorp had $1.8 billion in private equity and equity investments securities at June 30, 2009, which increased approximately $85 million from March 31, 2009.

Private Equity and Equity Investments

        In the second quarter of 2009, Citi Holdings recognized pretax losses of approximately $37 million on private equity and equity investments. Citi Holdings had $6.2 billion in private equity and equity investments securities at June 30, 2009, which increased approximately $150 million from March 31, 2009.

This excerpt taken from the C 10-Q filed May 11, 2009.

Private Equity and Equity Investments

        In the first quarter of 2009, Citi recognized pretax losses of $1.240 billion on private equity and equity investments, reflecting weakness in the developed global equities markets during the first quarter of 2009. The Company had $8.5 billion in private equity and equity investments securities at March 31, 2009, which decreased $2.8 billion from December 31, 2008.

EXCERPTS ON THIS PAGE:

10-Q (2 sections)
Aug 7, 2009
10-Q
May 11, 2009

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