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2012 OCCUPY MAY DAY PROTEST & WHO IS CONTROLLING OUR AMERICA & THE WORLD "Reza S."

MUSIC BY_ (1) GLADIATOR SOUNDTRACK - MAIN THEME, (2) MAJEED ENTEZAMI, SAZANDEGHI (3) ENYA -- WE ARE FREE NOW WHAT DO THE OCCUPY MOVEMENTS WANT? WHO ARE ...

Citigroup sells stake in Turkey's Akbank for $1.2 billion

Mar 05, 2015    

ISTANBUL (Reuters) - Citigroup has sold its nearly 10 percent stake in Turkey's Akbank for $1.2 billion, the U.S. lender said on Thursday, its latest disposal of overseas assets to cut costs and boost capital.New York-based Citi has pared back internationally in recent years, pulling out of retail banking in Turkey and in long-established markets such as Japan.Citi, which had been the second-largest shareholder in Akbank, said the sale would not have a material impact on its finances. Akbank is Turkey's fourth-largest listed lender by assets.The U.S. bank did not disclose the buyer. Akbank's t...

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