Citi favors sale of Andrew Hall's Phibro (Dealscape - M&A)

(Bloomberg) — Phibro LLC, the Citigroup Inc. energy-trading unit that the bank may be forced to sell, said funds that it manages for outside investors rose 22 percent since the start of 2008 as commodity indexes fell, a solicitation
Posted By:Reuters. Citigroup is weighing options for its Phibro commodities unit, controversial for a star trader's pay. Read More. Topics:Executive Compensation | Commodities | Mergers & Acquisitions | Banking