Saudi Prince Who Wooed West Finds Few Friends in Tough Times [Bloomberg Business News]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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Source: Bloomberg Business News
For more than a quarter-century, Saudi Arabia’s Prince Alwaleed bin Talal has been making investments and building relationships in the West. He bailed out Citigroup Inc. , helped refinance the ill-fated Euro Disney and backed Rupert Murdoch during the U.K. phone-hacking scandal. Now, as Alwaleed passes a fourth week at a Riyadh hotel, one of hundreds of detainees in an anti-corruption crackdown, almost no one has rallied to his cause. Bill Gates, the Microsoft Inc. co-founder and philanthropist, said in a statement Monday that Alwaleed, 62, has been an “important partner” in their charitable work together. Earlier this month, Citigroup CEO Michael Corbat called him a “consistent, loyal supporter.” They don’t have much company. For Alwaleed, the relative silence is a skimpy return on the billions he’s invested over the years in everything from Twitter Inc. to Europe’s biggest hotel operator, Accor SA. Yet his situation reflects a harsh reality: As
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C
Earnings
- 4/12/24 - Beat
C
Sec Filings
- 4/18/24 - Form 424B2
- 4/18/24 - Form 424B2
- 4/18/24 - Form 424B2
- C's page on the SEC website