More on Citigroup's global ambitions

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A group of executives at Citigroup are hoping to persuade CEO Charles Prince to make a bid for ABN Amro, the Dutch giant. That would be a whopper, a deal likely in the $80 billion range. It probably won't happen. But it speaks loudly about Citigroup's thinking these days. Prince has publicly stated this as a goal: He wants to raise Citigroup's international revenue to 60 percent of the total, from 45 percent now.  It's certainly on the move in Japan, where it aims to rescue scandal-tainted Nikko. In China, it looms as a force in corporate and retail banking. Last year, a group it led finally prevailed in a battle for Guangdong Development Bank. The bank seems to be in a global frenzy at times. But this may be too little too late for some shareholders. Stay tuned.

For more:
- here's a Fortune piece