Citigroup Earnings Plummeted in Third Quarter on Write-Down – New York Times (blog)


New York Times (blog)

Citigroup Earnings Plummeted in Third Quarter on Write-Down
New York Times (blog)
Citigroup's quarterly profit plummeted because of a multibillion-dollar loss related to its continued exit from Morgan Stanley Smith Barney, the bank increased its lending, particularly in Latin America, and snagged a larger share of capital
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