Citibank is in dire straits in the ongoing global restructuring, Japan plans to shrink operations, the sale of Nikko Citigroup's (NikkoCiti) Trust Bank shares. Singapore cited unspecified related media reports, it is estimated that the value of the shares 10,000,000,000 yen to 40,000,000,000 yen, the equivalent of 1.05 to 420,000,000 U.S. dollars between. According to the "Nikkei Business Daily", the sale of Citigroup's operations will start next Monday at the earliest start. Japan's major trust banks such as Mitsubishi UFJ Trust and Banking, Sumitomo Trust & Banking and Mizuho Trust may be involved in the bid for all. Citigroup shares as early as 2001, Nikko Securities and Nikko's Trust Bank, accounting for 5 into the rights and interests. Cut-off time, Nikko did not respond to the report.
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