Citigroup Opens in Iraq to Tap $1 Trillion of Oil Spending

June 27, 2013

Citigroup Opens in Iraq to Tap $1 Trillion of Oil Spending

Citigroup Inc. (C), the U.S. lender scaling back in some emerging markets, said it’s seeking to benefit from an estimated $1 trillion of infrastructure spending in Iraq as the country rebuilds roads and bridges after the war.

The third-largest U.S. lender by assets this week received approval to open a representative