Prince Alwaleed revealed plans to up his stake in the bank, but shares still headed south.
Pressured by financials, U.S. stocks revisit lows not seen since the bear market of 2002.
Democratic leaders want to see more details before bailing out U.S. automakers.
NEW YORK (Reuters) - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.
EVANSVILLE, Indiana (Reuters) - St Louis Federal Reserve President James Bullard said on Thursday that financial market turmoil has collapsed U.S. consumer confidence and this would weigh on growth well into next year.
SINGAPORE (Reuters) - U.S. crude oil dropped more than $1 a barrel on Friday, falling for sixth straight sessions as more distress for the global economy threatened to eat further into demand for fuels.