January 15, 2008

Citigroup reveals 10 bln dlr loss; taps foreign investors (AFP)

A man uses an ATM in a Citibank branch in New York City.  US banking giant Citigroup blamed the housing slump Tuesday for a huge quarterly loss of 9.83 billion dollars, as it told anxious shareholders it had won fresh capital from mainly foreign backers.(AFP/Getty Images/Mario Tama)AFP – US banking giant Citigroup blamed the housing slump Tuesday for a huge quarterly loss of 9.83 billion dollars, as it told anxious shareholders it had won fresh capital from mainly foreign backers.

Permalink • Print

Trackback uri

http://www.jolinszsells.com/975/citigroup-reveals-10-bln-dlr-loss-taps-foreign-investors-afp/trackback/