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[Download] "Citigroup Reports Record Loss, Secures Foreign Cash Infusion (Business)" by The Virginian Pilot * Book PDF Kindle ePub Free

Citigroup Reports Record Loss, Secures Foreign Cash Infusion (Business)

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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.


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