US Treasury to Auction Warrants in Citigroup

The U.S. Treasury said on Friday it will auction warrants in Citigroup Inc (C) during the current quarter. The Treasury  will sell the warrants, obtained when it provided bailout capital to the banks during the financial crisis, through a modified Dutch-style auction. The Treasury also said it will auction warrants for Boston Private Financial Holdings Inc and Wintrust Financial Corp. – Reuters

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