Citibank

20 days ago

AIM loses c5% of its value at a stroke with 2 more very big name departures

According to the LSE the 559 companies on the AIM Casino, the self styled world’s most successful growth market, have a combined market cap of c#42 billion. Well up to a point. The past 2 days have seen two of the largest companies announce they are off to the Main Market this year.

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3527 days ago

Trinity Exploration shares suspended - Citibank finally pulls the plug

For months and months Trinity Exploration (TRIN) has been in default on loans taken out with Citibank. Investors who declined to sell the worthless shares seemed to believe the truism that "If you owe the bank $1 you are in trouble, if you owe $1 million the bank is in trouble" as Citibank - which was actually owed $13 million declined to pull the plug. Until today. Instead of the normal weekly rollover announcement we are told:

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