Get Updates
Get notified of breaking news, exclusive insights, and must-see stories!

Citi CFO says an SIV support plan would be helpful

NEW YORK, Oct 15 (Reuters) Citigroup Inc Chief Financial Officer Gary Crittenden said on Monday a plan by banks to shore up structured investment vehicles, or SIVs, could provide reassurance for investors.

He said the concept is a good one for the debt markets.

''It would be helpful to have other liquidity alternatives for SIVs that are managed in the UK,'' Crittenden said in a conference call with analysts.

(Reporting by Joseph A. Giannone) REUTERS SI PM2020

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+