Regulators approve new Citigroup branch |
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Published
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Fri, 28 Sep 2007 22:02 |
WASHINGTON (AP) - Citigroup Inc.'s Citibank division won federal approval to open a new bank branch, a government agency said.The U.S. Treasury Department's Office of the Comptroller of the Currency said in a weekly bulletin of regulatory activity, released Wednesday, that Citibank's request was approved Sept. 21.The branch will be located in Lexington, Mass.Shares of New York-based Citigroup dropped 5 cents to $46.62 in aftermarket trading Friday.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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