Citigroup: Imposing Spending Requirements? - Congoo

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Citigroup: Imposing spending requirements?

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Director of Finance Online | November 20, 2009

Citigroup retail customers must allegedly spend more to gain lower interest rates. Citigroup (NYSE:C) is hiking consumer lending rates in an attempt to return to profit. However, in a sophisticated credit offering, the retail banking unit of Citigroup will allow customers escape the rate hike if the...

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