Citigroup can do everything...

Citigroup is currently trumpeting its latest big European deal, the acquisition of Viterra from German utility Eon.

It participated in the equity, mezzanine, debt and advisory aspects of the deal. I am surprised it didn´t also advise the seller.

Participation in all these parts of a deal open a firm up to significant potential conflicts of interests. Givern Citigroup´s recent runins in this aspect in various parts of the world, it is a major cause for concern.

OAM