TITLE

For Paring Its Losses, Citi Gets Credit

AUTHOR(S)
Landy, Heather
PUB. DATE
January 2010
SOURCE
American Banker;1/20/2010, Vol. 175 Issue 10, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that financial services industry firm Citigroup Inc. announced a $7.1 billion loss for the fourth quarter of 2009, compared to losses of over $8 billion in each of the previous two quarters. Citigroup's international operations benefited from the economic recovery in Asia, and it has relatively little exposure to troubled commercial real estate loans in the U.S.
ACCESSION #
47665896

 

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