We would not be surprised to see $4-5 billion in proceeds from this transaction, which may be used for buybacks or, more likely, to support acquisitions of better growth/higher margin businesses.
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This quote is just one of 6 total Judah Kraushaar quotes in our collection. Judah Kraushaar is known for saying 'We would not be surprised to see $4-5 billion in proceeds from this transaction, which may be used for buybacks or, more likely, to support acquisitions of better growth/higher margin businesses.' as well as some of the following quotes.
We would not be surprised to see $4-5 billion in proceeds from this transaction, which may be used for buybacks or, more likely, to support acquisitions of better growth/higher margin businesses.
This is very consistent with Citigroup's strategy to build and internationalize its key businesses and also to focus on businesses it thinks it can grow at a very rapid pace. Over the past 10 years, [Associates First] has had 23 percent compound growth in pre-tax earnings and a high growth operation ... which is consistent with Citibank's focus on acquiring high-growth targets.
Multinational/trust banks will probably broadly deliver on Wall Street estimates. However, we expect the quality of earnings to be poor as securities gains and other unusual items will commonly be used to offset weak trading results.
This quote is just one of 6 total Judah Kraushaar quotes in our collection. Judah Kraushaar is known for saying 'We would not be surprised to see $4-5 billion in proceeds from this transaction, which may be used for buybacks or, more likely, to support acquisitions of better growth/higher margin businesses.' as well as some of the following quotes.