Capital Markets Assurance Corp., the structured finance subsidiary of Citibank, yesterday was the object of intensified rumors that the firm would be sold to raised cash for the beleaguered bank.

Over the past several months, Capital Markets has been offered to institutional investors and municipal bond insurers, though to date no party has stepped forward, according to market sources.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.