Can Citigroup Win With Alibaba?

Updated

As Chinese e-commerce giant Alibaba prepares to go public, several international banks are striving to curry favor with the company in order to be part of the IPO. In a new capital-raising deal for Alibaba, Citigroup may have earned some good standing with the company by contributing to its goal of raising $8 billion from a group of banks. Could this loan lead to a great new relationship for Citigroup and China?

In the video below, Fool financial analysts Matt Koppenheffer and David Hanson discuss why the bank/investment bank model for large banks like Citigroup can give them the competitive power they need to win large deals like this one.

Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and there's a considerable amount of uncertainty after a shocking management shakeup. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot on your watchlist, I invite you to read our premium research report on the bank today. We'll fill you in on both reasons to buy and reasons to sell Citigroup, and what areas Citigroup investors need to watch going forward. Click here now for instant access to our best expert's take on Citigroup.


The article Can Citigroup Win With Alibaba? originally appeared on Fool.com.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Morgan Stanley. The Motley Fool owns shares of Citigroup and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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