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December 26, 2011
Following the announcement of Citigroup’s results, HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) congratulated Mr. Vikram Pandit CEO of Citigroup on the Company’s “promising” Q3 results of $3.8 billion which is an increase of 74% and an increase of earnings per share to $1.23 versus $0.72 in the third quarter 2010. During their latest meeting in New York this year, Prince Alwaleed and Mr. Pandit discussed the latest developments in Citigroup and future plans of the Company. During the visit, the Prince re-affirmed his support of Mr. Pandit