[Download] "Citigroup Reports Record Loss, Secures Foreign Cash Infusion (Business)" by The Virginian Pilot * Book PDF Kindle ePub Free
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eBook details
- Title: Citigroup Reports Record Loss, Secures Foreign Cash Infusion (Business)
- Author : The Virginian Pilot
- Release Date : January 16, 2008
- Genre: Reference,Books,
- Pages : * pages
- Size : 60 KB
Description
Citigroup Inc., the nation's largest bank by assets, reported a fourth-quarter loss of about $10 billion, or $1.99 a share. Profit was $5.13 billion, or $1.03 per share, a year ago. fallout from credit turmoil persists Between Citigroup and Merrill Lynch, another huge financial services company in need of capital, investments of close to $20 billion were announced from sources including Kuwait, Singapore and Saudi Arabia.