Tuesday, January 19, 2010

Citigroup loses $7.8B in 4Q (AP)

A Citi group logo can be seen on an automatic teller machine in Citi Field during an MLB exhibition game between the New York Mets and the Boston Red Sox in Flushing, New York April 3, 2009. REUTERS/Lucas JacksonAP - Citigroup Inc. became the latest bank to take a cautious view of consumers' credit problems, reporting a $7.77 fourth-quarter loss due to failed loans and the costs of repaying government bailout money.



Read More... [Source: Yahoo! News: Top Stories - Posted by FreeAutoBlogger]
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)